106 TyngsboroChelmsford, MA 01863

Property Details for 106 Tyngsboro

Year built

1990

Lot size

0.45 AC

Property type

Commercial real estate

Description

This exceptional commercial property, situated at 106 Tyngsboro in Chelmsford, MA, presents a compelling investment opportunity. Constructed in 1990, this well-maintained building boasts approximately 4,000 square feet of space distributed across two floors. The property sits on a 0.45-acre lot and includes a substantial 22-space parking area, a significant advantage in this busy location. The building is equipped with essential safety features including a sprinkler system and a security system, providing peace of mind for both owners and occupants. Currently, a tenant occupies 60%-75% of the second floor under a lease extending until May 2026, generating immediate income potential. The first floor comprises seven versatile areas and offices of varying sizes, ideal for a range of businesses. The second floor mirrors this flexibility, offering eight offices and rooms of diverse dimensions. Three restrooms are conveniently located throughout the building – two on the ground floor and one upstairs. This property's prime location in North Chelmsford, near Georgetown Estates Condominiums on the busy Route 3A, places it amidst a thriving commercial environment surrounded by successful businesses. The combination of its size, features, and location makes this an attractive proposition for investors seeking a stable income stream and significant growth potential. The asking price is $995,500.

Location Insight

City

Chelmsford

County

Middlesex

State

Massachusetts

Latitude

42.6447

Longitude

-71.392

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