Property profile

2 Cedar St Woburn, MA 01801

OFF-MARKET
Warehouses
Property ID
US38-1018502
22,880 SF 0.73 ac lot Built 1984
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Woburn, MA property at 2 Cedar Street offers 22,880 square feet of versatile space across a two-story building. Currently, 3,000 square feet of office space is available for lease, ideal for a variety of businesses. The building is zoned OP (Office-Park), allowing for flexible usage. The available unit, Unit 7, is a clean and modern first-floor suite featuring six private offices, an open workspace, and two restrooms. The space also includes an overhead loading door (8'w x 10'h) leading to an area with ceilings exceeding 11 feet, a sink with cabinets, and the possibility of an additional 900 square feet of outside storage (approximately 15'W x 60'D). The property is multi-tenanted, providing a collaborative and established business environment. This prime location in Woburn, MA (zip code 01801) offers easy access to major transportation routes and amenities. The building's versatile design caters to manufacturing, flex, warehouse, and traditional office needs, making it a highly desirable location for businesses seeking a functional and modern workspace. The available space presents a unique opportunity to establish or expand your business in a thriving commercial area. Inquire today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,880 SF
Lot 0.73 ac (31,799 SF)
Zoning code O-P
APN WOBU M:32 B:01 L:06 U:00
UPID US38-1018502

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Marketing & Advertising Printing Service
  • Sports School Sports Field & Court
  • Training Center Sports School

Location

2 Cedar St Woburn, MA 01801-7248
Woburn metro Census 333601 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.37M
Blend (final) Blend
$2.83M

Owner & transaction history

since 2021
Last sale
$3.0M
2 recorded transactions
2021
$3.0M
2007
$1

Zoning & alternative use

O-P · Woburn, MA
Zoning description

overlay district superimposed on the existing Office Park (O-P) Zoning District, in certain locations within the City. The overlay district shall permit residential land uses which shall be in addition to the land uses a…

General category OPEN_SPACE
Top alternative use upside
Office building $4.8M +18.8%
Industrial (general) $4.4M +7.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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