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12 Lindell Ave, Leominster, MA 12 Lindell Ave 3,026 SF 100% Leased Retail Building Leominster, MA 01453 $699,000 ($231.00/SF)
INVESTMENT HIGHLIGHTS
- High visibility from Route 12, just off Route 2
- Two stand alone buildings on one lot
EXECUTIVE SUMMARY
Unlock the potential of this unique and versatile property.Whether you're an entrepreneur looking to run your own operation, an investor seeking rental income, or a combination of both, this property delivers flexibility and value. High-visibility location from Rt 12, just off Rt 2. The property includes a 2-bedroom apt above a first-floor storefront, plus a second detached commercial unit—ideal for multiple business opportunities. Plenty of parking. A security system with recording devices is already in place. New Boiler in 2005. Great setup for owner-occupants or investors looking for mixed-use potential in a high-traffic area. This is a rare opportunity to live where you work, reduce overhead costs, & build equity while operating your own business. Alternatively, lease all 3 units and enjoy steady investment income from a well-located, mixed-use asset. Annual Average Daily Traffic (AADT) count for Rt 12/N Main Street is 30,415 as of 2024, Lindell Ave has an AADT count of 4,595. See MLS 73413273 and MLS 73413275
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
3,026 SF
Building Class
C
Year Built
1915
Price
$699,000
Price Per SF
$231.00
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.23
Lot Size
0.30 AC
Zoning
Mixed Use R/C R - Zone is pre Vision Appraisal Card
Parking
20 Spaces (6.61 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LEOM-000195-000010 | Improvements Assessment | $380,100 |
| Land Assessment | $124,100 | Total Assessment | $504,200 |
PROPERTY TAXES
Parcel Number
LEOM-000195-000010
Land Assessment
$124,100
Improvements Assessment
$380,100
Total Assessment
$504,200
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12 Lindell Ave, Leominster, MA | 12 Lindell Ave
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