Property summary
This exceptional 9,600 square foot, two-story office building is available for lease at 58 Concord Street in North Reading, MA. Built in 1968 and renovated in 2000, this single-tenant property sits on 1.42 acres of land and offers ample parking with approximately 38 spaces. The building features a functional layout including seven offices, a conference room, kitchen, two restrooms, and file storage on the first floor. The second floor boasts 19 private offices, two additional restrooms, and another conference room. A total of four restrooms are available across both floors, along with a convenient shower and break room with kitchenette. Note that there is no elevator in this building. An attractive feature is a separate, fenced-in 15,000+ square foot contractor yard area, available for lease at an additional cost. This property is ideally situated approximately one mile from the Concord Street exit on Route 93, providing easy access to Route 93. The building is zoned for industrial office use and is projected to be available for occupancy around July/August 2024. This presents a unique opportunity for a business seeking a substantial, well-maintained office space with convenient amenities and ample parking.
Property profile
VerifiedCap rate & NOI
Current use
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Psychotherapist
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Physician
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Psychotherapist Doctor
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Medical Billing Service
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Counselor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IB · North Reading, MAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for IB in North Reading, MA.
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