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    435 Lancaster St Leominster, MA 01453-4397
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    Property profile & analytics

    435 Lancaster St Leominster, MA 01453-4397


    • Industrial properties
    • 5.37 lot acres
    Off-Market
    Last Sale Oct 25, 2024
    $3,300,000
    Property ID
    US38-1349296
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,300,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 435 Lancaster St

    Lot size
    5.37 lot acres
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    LEOM M:0443 B:0001 L:0000
    APU
    LEOMM0443B0001L0000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,300,000
      ML approach
      $3,300,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7438
    Latitude
    42.512
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $95,696
    $1,611,500
    $4,983,700
    $6,595,200
    -
    $0.00
    $0.00
    $0.00
    More about this property
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