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114 Lancaster Rd 45,000 SF Flex Building Shirley, MA 01464 $8,325,000 ($185/SF)
Executive Summary
114 Lancaster Road in Shirley, MA presents a rare opportunity to acquire or lease a well-located industrial/flex/retail property in the heart of Shirley's established commercial corridor. Situated on ±4.85 acres and improved with a newly constructed ±45,000 square foot, two-story facility, the property offers a combination of functional industrial/retail space, commercial flexibility, and significant long-term value through future expansion.
The property is zoned Lancaster Road Commercial (LRC), permitting a broad range of commercial, industrial, retail, and all marijuana business establishment uses. The existing building features approximately 18-foot clear heights on both floors, and is served by public water/sewer, and natural gas, providing the infrastructure necessary to support a wide variety of operations.
The property is zoned Lancaster Road Commercial (LRC), permitting a broad range of commercial, industrial, retail, and all marijuana business establishment uses. The existing building features approximately 18-foot clear heights on both floors, and is served by public water/sewer, and natural gas, providing the infrastructure necessary to support a wide variety of operations.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 25,000 SF
- Retail
- -
- Now
- 2nd Floor
- 20,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 25,000 SF | Retail | - | Now |
| 2nd Floor | 20,000 SF | Retail | - | Now |
1st Floor
| Size |
| 25,000 SF |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 20,000 SF |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | SHIR-000002-B000000-000001-000002 | Improvements Assessment | $2,814,100 |
| Land Assessment | $367,500 | Total Assessment | $3,181,600 |
Property Taxes
Parcel Number
SHIR-000002-B000000-000001-000002
Land Assessment
$367,500
Improvements Assessment
$2,814,100
Total Assessment
$3,181,600
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