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    177 Florence St Leominster, MA 01453

    For Lease
    $6 SF/Yr

    Large industrial warehouse, flexible space options.

    Lot size:
    140,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial warehouse property at 177 Florence Street in Leominster, Massachusetts offers 140,000 square feet of versatile space, ideal for a variety of industrial and warehousing needs. Currently, 20,000 square feet of contiguous space is immediately available, divisible into units as small as 3,000 square feet, providing flexibility for businesses of all sizes. The property sits on a generous 4-acre lot, ensuring ample room for loading, unloading, and potential future expansion. The warehouse boasts a 12-foot ceiling height, providing excellent vertical storage capacity. Power is robust, featuring 7,000 AMPS at 13,800 V/480, 3-phase, suitable for energy-intensive operations. The property is zoned for industrial use and is conveniently located in Worcester County, MA, with the address being 177 Florence Street, Leominster, MA 01453. This is a rare opportunity to secure prime industrial space in a thriving location. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 177 Florence St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,000 SF
    Total Rate
    81083.33

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    20,000 SF
    Rate per SF
    $6

    HighLights

    • Well‑maintained industrial warehouse.
    • Excellent access to Route 2 and I‑190.
    • 5,000 square feet available for lease.
    • High‑amp power (7,000 amps, 13,800v/480v, 3‑phase).
    • Industrially zoned.
    • Loading dock with tailboard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subcon Technology Mechanical Contractor Protective packaging incorporated Warehouse CapEx FSC LLC Construction Company Maz Tek Container ... Company Aurora Plastics Plastic Fabrication Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7404786
    Latitude
    42.5155927

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, flexible space options.
    Where is this distribution property located?
    The property is located at 177 Florence St Leominster, MA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Well-maintained industrial warehouse.; Excellent access to Route 2 and I-190.; 5,000 square feet available for lease.
    Request Owner's contact information
    177 Florence St Leominster, MA 01453
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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
    177 Florence St Leominster, MA 01453
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