30 Huntoon Memorial Hwy Leicester, MA 01524-1265
This 12,000-square-foot industrial warehouse in Leicester, Massachusetts, is offered for sale at $1,750,000. Situated on a 2.83-acre lot, this single-story building features four separately demised units, each approximately 4,000 square feet, currently boasting 100% occupancy. The property benefits from a convenient location on Route 56, providing easy access to I-90 (Mass Pike) and major cities including Worcester, Boston, Hartford, Providence, and Springfield, all within an hour's drive. The building includes two loading docks and ample on-site parking and outdoor storage areas. Recent improvements include a new roof and a new heating system. The property is zoned RIB and presents an excellent owner-user opportunity, allowing for the combination of business operations with potential rental income from existing tenants. The asking price per square foot is $145.83, and the price per unit is $437,500. This multi-tenant property offers a strong investment opportunity with established tenancy and significant potential for future growth.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RIB · Leicester, MALeicester. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.