1 Federal St Billerica, MA 01821-3582
- Industrial properties
- 59,720 SF
- 3.50 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1 Federal St
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 3.50 lot acres
- Property size
- 59,720 SF
- Zone code
- 5
- Property type
- Industrial properties
- APN
- BILL M:0077 B:0162 L:0
- APU
- BILLM0077B0162L0
Description
This exceptional ±60,000 square foot, two-story mixed-use building presents a unique owner-user opportunity in Billerica, Massachusetts. Situated on a spacious ±3.59-acre lot within The Fields business park, this Class B property, built in 1985, offers a flexible layout ideal for a variety of uses, including office, research & development, and flex space. Currently 100% improved with modern office fit-outs, the property benefits from ample parking (172 spaces) and unparalleled access to major transportation arteries, including Route 3, I-95, and I-495. Its location provides easy access to New England's skilled labor pool. The property is zoned for industrial use and boasts high-end, modern interior finishes, a legacy of its previous occupancy by a major life sciences company. Recent comparable sales show successful conversions to flex/manufacturing and religious uses, highlighting the versatility of this prime location. The asking price for this exceptional investment opportunity is $8,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Billerica
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2818
- Latitude
- 42.5447
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
