Property profile

290 Eliot St Ashland, MA 01721

FOR LEASE
Retail space
Property ID
US38-1915324
50,000 SF 3.02 ac lot Built 1980
Individually Owned 23-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Gym & Fitness Center
  • Department Store
  • Social Service Agency Charitable Organization

Location

290 Eliot St Ashland, MA 01721
Ashland metro Census 385203 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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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

since 2003
3 recorded transactions
2022
Price N/A
2003
$367,000
2003
Price N/A

Zoning & alternative use

30 · Ashland, MA

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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More about this property
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