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    421 Washington St Auburn, MA 01501

    Sponsored
    For Lease
    Contact for pricing

    Prime Auburn location, flexible office space.

    Lot size:
    19,438 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 421 Washington Street in Auburn, MA offers a rare investment opportunity. The 19,438 square foot building, constructed in 1976, features a flexible layout suitable for various business ventures. Currently, there are two available units totaling 10,600 square feet; one 2,000 square foot unit and one 8,000 square foot unit. The property is classified as Class B and sits on a substantial 75,392 square foot lot. Its GI zoning allows for diverse business uses. Strategically located on Washington Street (Route 20), this property enjoys excellent accessibility, being just one mile from the intersection of Routes 290/90/395 and one mile from Routes 146/90. This presents a significant advantage for businesses needing convenient access to major transportation arteries. The property's size and location make it ideal for capitalizing on Auburn's commercial growth. This is a unique chance to acquire a well-situated commercial building with significant potential for strong returns, whether for leasing or owner-occupancy. The available space presents a compelling opportunity for businesses seeking a prominent location with ample square footage.

    Property Features for 421 Washington St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,438 SF
    Class
    B

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,600 SF

    HighLights

    • 19,438 SF office/industrial building with 10,600 SF vacant.
    • Two suites available for lease: 2,000 SF and 8,000 SF.
    • Located on Washington Street (Rt. 20) in Auburn, MA, offering convenient access to major highways (Rts. 290/90/395 and 146/90).
    • Class B building, built in 1976, situated on a 75,392 SF lot.
    • GI zoning allows for versatile business uses.
    • Strong investment potential in Auburn's thriving commercial area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morning Star Bookstores 📚 Christian Book Store Sally Mc Dermott ... Dance School Repligen Manufacturer Patrick Motors Car Dealer Wood Pro Inc ... Wood And Laminate Flooring Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8231998
    Latitude
    42.1934632

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    FAQs

    What type of property is this?
    Flex space - Prime Auburn location, flexible office space.
    Where is this flex space located?
    The property is located at 421 Washington St Auburn, MA.
    What are key features of this property?
    This property features: 19,438 SF office/industrial building with 10,600 SF vacant.; Two suites available for lease: 2,000 SF and 8,000 SF.; Located on Washington Street (Rt. 20) in Auburn, MA, offering convenient access to major highways (Rts. 290/90/395 and 146/90).
    Request Owner's contact information
    421 Washington St Auburn, MA 01501
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    Auburn, MA 01501
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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
    421 Washington St Auburn, MA 01501
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