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    30 Huntoon Memorial Hwy Leicester, MA 01524

    Sponsored
    For Sale
    $1,750,000

    12,000 SF Multi-Tenant Warehouse, MA

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 12,000-square-foot industrial warehouse in Leicester, Massachusetts, is offered for sale at $1,750,000. Situated on a 2.83-acre lot, this single-story building features four separately demised units, each approximately 4,000 square feet, currently boasting 100% occupancy. The property benefits from a convenient location on Route 56, providing easy access to I-90 (Mass Pike) and major cities including Worcester, Boston, Hartford, Providence, and Springfield, all within an hour's drive. The building includes two loading docks and ample on-site parking and outdoor storage areas. Recent improvements include a new roof and a new heating system. The property is zoned RIB and presents an excellent owner-user opportunity, allowing for the combination of business operations with potential rental income from existing tenants. The asking price per square foot is $145.83, and the price per unit is $437,500. This multi-tenant property offers a strong investment opportunity with established tenancy and significant potential for future growth.

    Property Features for 30 Huntoon Memorial Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    12,000 SF
    Lot Size
    123,275 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    4

    HighLights

    • New Roof
    • ±14,000 SF Units
    • I‑90 Proximity
    • Ample On‑Site Parking & Storage
    • New Heating System
    Property Profile Location Intelligence

    Current Use by Public Records

    Kings of Pressure Power ... Pressure Washing Service Seamless Custom Auto Upholsterer Modernized architectural sheet ... Sheet Metal Contractor Kings of Pressure Concrete ... Flooring Contractor American British Cycles Cars

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Kitchen & Bath Department Store HVAC Service Electrical Service Storage Facility Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leicester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.91124172633
    Latitude
    42.216977078222

    Nearby Comparable

    • $1,750,000
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      Industrial Property on Route 56

      12,000 SF industrial property on 2.83 acres for sale.
      30 Huntoon Memorial Hwy, Leicester, MA 01524
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      Leicester Flex Space Investment

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    • $2,890,000
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    Nearby Similar for Sale

    • $600,000
      2,441 SF

      Leicester Ranch Home with Solar

      Well-maintained Leicester ranch with accessory apartment and solar panels.
      2 Crestwood Rd, Leicester, MA 01524
      View Details
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      Established Diner with Dual Income

      Leicester property with diner, salon, and income potential.
      1080 Stafford St, Rochdale, MA 01542
      View Details
    • $499,000

      Leicester Duplex: Move-In Ready

      Updated duplex in central Massachusetts, ideal for owner-occupancy or investment.
      747/749 Pleasant St, Leicester, MA 01542
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    • $1,750,000
      12,000 SF

      Industrial Property on Route 56

      12,000 SF industrial property on 2.83 acres for sale.
      30 Huntoon Memorial Hwy, Leicester, MA 01524
      View Details
    • $1,500,000

      Multifamily Redevelopment Opportunity

      Three buildings totaling 13,000 SF, 25 bedrooms, redevelopment potential.
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    • $500,000

      Spacious Leicester Property with Redevelopment Potential

      Large property near Worcester, ideal for multifamily or single-family use.
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    • $399,000

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      Well-maintained three-unit building suitable for owner-occupancy or business.
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    • Contact for pricing

      Leicester Mill Conversion Opportunity

      Spacious Mill Building - Ideal Redevelopment
      9 Water St, Leicester, MA 01524
      View Details
    • $1,650,000
      5,250 SF

      Leicester Flex Space Investment

      Modern Flex Building, Excellent Location
      546 Stafford St, Leicester, MA 01611
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    • $325,000
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      Leicester Diner & Salon Investment

      Dual-income potential, updated systems.
      1080 Stafford St, Leicester, MA 01542
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    FAQs

    What type of property is this?
    Distribution property - 12,000 SF Multi-Tenant Warehouse, MA
    Where is this distribution property located?
    The property is located at 30 Huntoon Memorial Hwy Leicester, MA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: New Roof; ±14,000 SF Units; I-90 Proximity
    Request Owner's contact information
    30 Huntoon Memorial Hwy Leicester, MA 01524
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    Leicester, MA 01524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    30 Huntoon Memorial Hwy Leicester, MA 01524
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