1673 Main St Leicester, MA 01524-1941
This exceptional 41.65-acre industrial land parcel, located at 1673, 1675, 1734 and 1737 Main Street in Leicester, Massachusetts (zip code 01524), presents a significant development opportunity. Situated directly on Route 9, this property boasts convenient access to major roadways including I-90, I-290, I-395, and Route 20, providing excellent connectivity to Worcester, Springfield, Boston, Hartford, CT, and Providence, RI. Currently zoned Highway Business Industrial 1 (HB1), the site allows for a wide range of uses, including warehouse/logistics, manufacturing, retail, and self-storage. The property includes a small restaurant under a short-term lease and a drive-in movie theater operated by the seller. Preliminary plans have been developed for a two-building industrial development totaling 431,000 square feet. Leicester offers a favorable business climate and a supportive environment for companies, with a strong manufacturing and industrial base and a skilled workforce. The proximity to Worcester Airport (12 minutes away) provides access to air freight/logistics. This expansive site is being offered free and clear of debt at an asking price of $6,500,000. The property's generous size and flexible zoning make it an ideal investment in a supply-constrained market.
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Las Cocinas Mexicanas Restaurant
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Las Cocinas y Taqueria Mexicana Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB1 · Leicester, MALeicester. 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.