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Property profile & analytics

975 Merriam Ave Leominster, MA 01453

  • Commercial real estate
  • 12.46 lot acres
For Lease
Last Sale
May 04, 2023
$24,000,000
Value Estimations
$23,025,000
Cap Rate Potential
Location Intelligence
Property ID
US38-0905305
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.

Current Use by Public Records

  • Verizon Fios Store / Telecommunications Service
  • Elegant Nails / Hair Salon / Nail Salon
  • Planet Fitness / Spa & Massage Center
  • Great Clips / Hair Salon / Nail Salon
  • Redfoxpos / Electronics & Wireless Store

Property Details for 975 Merriam Ave

Lot size
12.46 lot acres
Property type
Commercial real estate
APN
LEOM M:0261 B:0001 L:0000
APU
LEOMM0261B0001L0000

Description

This exceptional retail property, Twin City Shopping Center, located at 975 Merriam Ave in Leominster, Massachusetts (01453), offers a unique opportunity for businesses seeking high-visibility space in Worcester County. The entire 25,830 square foot building is currently vacant, presenting a blank canvas for a single large tenant or multiple smaller occupants. The flexible layout allows for various configurations, with spaces ranging from a minimum of 2,032 square feet to a maximum contiguous space of 23,798 square feet. Three individual spaces are immediately available, providing options for businesses of different sizes. The property's classification as both commercial and restaurant-suitable opens doors for a diverse range of potential tenants. Its strategic location in Leominster provides excellent access to a thriving local market and convenient transportation links. This is an ideal opportunity for businesses seeking a prominent location with significant square footage in a high-traffic area. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. The address is easily accessible and offers ample parking for customers and employees. This is a rare chance to secure a substantial retail space in a desirable location. Contact us today to learn more about this exciting opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $21,080,000

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


Location Insight

  • Map
  • Local Demand
City
Leominster
County
Worcester
State
Massachusetts
Longitude
-71.7792
Latitude
42.5533
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
$120,723
$1,869,700
$6,450,300
$8,320,000
-
$0.00
$0.00
$0.00
More about this property
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