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    FOR LEASE
    Warehouses

    21 Olympia Ave, Woburn, MA 01801

    40,168 SF 2.22 ac lot Built 1989
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US38-1553442
    Property summary
    AI-generated overview

    This 40,845-square-foot Class B office and industrial building, located at 21 Olympia Ave in Woburn, Massachusetts (zip code 01801), offers flexible space ideal for a variety of businesses. Built in 1979, the property is situated in Middlesex County and currently has 4,810 square feet of vacant space available. The building accommodates multiple tenants, with spaces ranging from a minimum of 432 square feet to a maximum contiguous space of 1,894 square feet. The property's diverse subtypes, including Executive Office, Flex, and R&D space, make it suitable for a wide range of uses. Its location in Woburn, MA provides convenient access to major transportation routes and amenities. The building's classification as Class B reflects its solid construction and functionality. Interested parties are encouraged to inquire about available space and lease terms. This is a fantastic opportunity to secure office or R&D space in a well-located and adaptable building. The property's flexible layout allows for customization to meet specific business needs. Don't miss this chance to establish your business in this prime Woburn location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1989
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 40,168 SF
    Lot 2.22 ac (96,703 SF)
    Zoning code I-P
    APN WOBU M:26 B:02 L:06 U:00
    UPID US38-1553442
    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
    • Puddle Duck Daycare Daycare Center
    • Now Delivery Trucking Company
    • ForTec Medical Production Facility Factory
    • GrooveBoston / GBM6 Marketing & Advertising Event Planning
    • Massachusetts Food Safety Training Center Vocational School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.23M
    Blend (final) Blend
    $3.35M
    Owner & transaction history
    Comm Rlty Fndtn LLC · 3 yrs held
    Comm Rlty Fndtn LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    I-P · Woburn, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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