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    OFF-MARKET
    Warehouses

    529 Lancaster St, Leominster, MA 01453

    250,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 529 Lancaster Street in Leominster, Massachusetts, offers a flexible workspace ideal for manufacturing, warehousing, or distribution needs. The building encompasses a total of 250,000 square feet, divided into two suites, with a minimum divisible space of 10,000 square feet and a maximum contiguous space of 30,000 square feet. The property boasts a 13.5-foot ceiling height, providing ample vertical space for storage and operations. Efficient loading and unloading are facilitated by four loading docks and four dock-high doors. The property is zoned for industrial use and is situated in Worcester County, offering convenient access to major transportation arteries. Specifically, it's located just one mile from I-190 and less than two miles from Route 2, ensuring seamless logistics and transportation. Adding to its appeal, a half-acre of outdoor storage space is available for lease alongside the indoor space, providing additional flexibility for inventory management or equipment storage. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial facility in a thriving Massachusetts market. The zip code is 01453.

    Property profile
    Verified
    Property type Warehouses
    Total area 250,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Equipment Management Inc Computer & Electronic Repair
    • New England Nor'Easters Baseball Sports Field & Court Sports School
    • House of Champions Arcade & Gaming Center Sports Field & Court
    • Intoxalock Ignition Interlock Building Supply General Contractor
    • The Dojo Speed & Strength Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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