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    Property profile & analytics
    OFF-MARKET Estimated value $3,300,000
    Industrial properties

    435 Lancaster St, Leominster, MA 01453-4397

    5.37 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US38-1349296
    Property summary
    AI-generated overview

    This exceptional 20,000-square-foot industrial property, located at 435 Lancaster Street in Leominster, Massachusetts, presents a unique opportunity for businesses seeking versatile space. Situated within the Gateway Business Center complex, this single-tenant building boasts a range of features ideal for manufacturing, flex, warehouse, distribution, or R&D operations. Built in 1972, the property offers a substantial 22-foot clear ceiling height, providing ample room for various industrial processes and storage. Convenient loading and unloading is ensured with one loading dock and three drive-in doors. The space includes 3,000 square feet of finished office space, perfect for administrative functions, and an additional 3,600 square feet of unfinished mezzanine space, offering potential for expansion or customized storage solutions. The property's 400-amp, 240-volt power supply ensures sufficient electrical capacity for most industrial needs. The property's zoning permits a variety of light industrial uses, including assembly, wholesale supply, and other similar operations. Its strategic location along the Route 2 corridor provides excellent access to major transportation routes, enhancing logistical efficiency. This property is an ideal solution for businesses seeking a functional, well-located industrial space in a thriving Massachusetts market. The zip code is 01453.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Lot 5.37 ac (233,917 SF)
    APN LEOM M:0443 B:0001 L:0000
    UPID US38-1349296
    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
    • Xterior Cleans Landscaping General Contractor
    • Enfold I.T. IT Consulting Firm (Bike/Boat/Book/etc) Store
    • Boucher Construction Construction Company
    • Central Mass Sand & Gravel Construction Company General Contractor
    • 435 Bar & Grille Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.30M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.30M
    Owner & transaction history
    Fitzwilliam LLC · 1 yrs held
    Fitzwilliam LLC
    since 2024
    Last sale
    $3.3M
    7 recorded transactions
    2026
    2025
    2024
    $3.3M
    2024
    2024
    2013
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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