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    FOR LEASE
    Retail space

    290 Eliot St, Ashland, MA 01721

    50,000 SF 3.02 ac lot Built 1980
    Individually Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US38-1915324
    Property summary
    AI-generated overview

    This exceptional warehouse opportunity, located at 290 Eliot St in Ashland, Massachusetts, offers 15,000 square feet of immediately available space within the Ledgemere Industrial Park. Part of a larger seven-building complex totaling 49,733 square feet, this property boasts convenient access to major roadways and ample parking. Built in 1983, the building features two stories, with the available space situated on the second floor. The space is fully equipped with heating and air conditioning, providing a comfortable and productive work environment. The flexible layout allows for customization to suit various business needs, with a minimum divisible space of 10,000 square feet and a maximum contiguous space of 15,000 square feet. The Ledgemere Industrial Park is professionally managed, offering tenants the advantage of a well-maintained property and a supportive community. The location provides easy access to a variety of amenities, including supermarkets, restaurants, banking facilities, and daycare centers, all within walking distance, enhancing the convenience and appeal of this prime industrial space in Middlesex County, MA, zip code 01721. The property sits on 2.56 acres and is part of a larger plaza.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1980
    Total area 50,000 SF
    Lot 3.02 ac (131,551 SF)
    Zoning code 30
    APN ASHL M:025.0 B:0319 L:0000.0
    UPID US38-1915324
    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
    • Diana Pardo, DMD, MS, PC Dental Office
    • John Melling DMD Dental Office
    • Focus On Fitness Gym & Fitness Center
    • Bring To Light Candle Company Department Store
    • Advocates Inc Social Service Agency Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.45M
    Owner & transaction history
    Brian D Forestal · 22 yrs held
    Brian D Forestal
    since 2003
    3 recorded transactions
    2022
    2003
    $367,000
    2003
    Zoning & alternative use
    30 · Ashland, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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