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    FOR LEASE
    Life science properties

    240 Salem St, Woburn, MA 01801

    20,130 SF 3.62 ac lot Built 1999
    Individually Owned ~ Est. High Equity
    Property ID
    US38-0980876
    Property summary
    AI-generated overview

    This exceptional 20,130-square-foot industrial property, located at 240 Salem Street in Woburn, Massachusetts, presents a significant opportunity for businesses seeking a versatile and spacious facility. The property is currently vacant and available for immediate lease, offering a single-tenant occupancy in a prime Middlesex County location. The building boasts a flexible layout suitable for manufacturing or flex-use operations, featuring high ceilings ranging from 18 to 21 feet, providing ample vertical space for various industrial needs. Convenient loading operations are facilitated by two loading docks, ensuring efficient material handling. Ample parking is available with 54 spaces provided for employees and visitors. The property's classification as both manufacturing and flex space allows for a wide range of potential uses, catering to diverse business requirements. Its strategic location in Woburn, MA, zip code 01801, offers easy access to major transportation routes, enhancing logistical efficiency. This single-tenant building provides a unique opportunity to establish a significant presence in a thriving industrial area. The entire 20,130 square feet is available for lease, making it an ideal space for businesses seeking to expand or relocate. Contact us today to learn more about this exceptional property and schedule a viewing.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1999
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 20,130 SF
    Lot 3.62 ac (157,687 SF)
    Zoning code I-P
    APN WOBU M:37 B:05 L:07 U:00
    UPID US38-0980876
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.70M
    Blend (final) Blend
    $4.45M
    Owner & transaction history
    North East Edual & Deval
    North East Edual & Deval
    since 2025
    Last sale
    $4.3M
    4 recorded transactions
    2025
    $4.3M
    2023
    2021
    2011
    Zoning & alternative use
    I-P · Woburn, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.8M +78.1%
    Auto repair, garage $5.7M +72.7%
    Neighborhood: shopping center $5.6M +70.0%
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    More about this property
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