159 Chestnut St, Ashland, MA 01721-1850
This exceptional property at 159 Chestnut Street in Ashland, Massachusetts offers 11,000 square feet of immediately available office and flex lab space for lease. Located in Middlesex County, this two-story building totals 21,600 square feet and sits on a 2.58-acre lot. The space is ideal for a variety of uses, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 11,000 square feet. Ceiling heights range from 8 to 13 feet, providing ample vertical space. The building is zoned for industrial use and boasts robust power capabilities, including 480 AMPS and solar power. Parking is readily available, with a ratio of 3.5 spaces per 1,000 square feet. This is a unique opportunity to secure high-quality office and/or lab space in a desirable location. The property is currently configured as a single suite, offering flexibility for a single tenant or the possibility of subdividing (subject to terms). The zip code is 01721. Don't miss this chance to establish your business in this well-situated Ashland property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
30 · Ashland, MAAshland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.