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637 Lancaster St 20,000 SF 30% Leased Industrial Building Leominster, MA 01453 $2,500,000 ($125/SF)
INVESTMENT HIGHLIGHTS
- Property Type: Industrial // Building Size: 20,000 SF
- Zoning: I // Power: 480/120/208
- Loading: One (1) loading dock // Three (3) overhead doors
- Available Space: 14,000 SF // Lot Size: 0.918 AC
- Utilities: National Grid Electric /Town Water & Sewer/Propane Heat
- Ceiling Height: 18'-20'
EXECUTIVE SUMMARY
O’Brien Commercial Properties, Inc. is pleased to introduce 637 Lancaster Street in Leominster as available for sale. The 20,000 SF Industrial building is a great opportunity for an owner occupant seeking a manufacturing or warehouse building.
The 14,000 SF of flex/retail space is scheduled to become vacant on November 30, 2025, with an additional 6,000 SF of high bay space expected to be available within 24 months. The property is located on Route 117 in close proximity to Route 190 and Route 2 with many neighboring industrial uses and accessible area amenities.
The 14,000 SF of flex/retail space is scheduled to become vacant on November 30, 2025, with an additional 6,000 SF of high bay space expected to be available within 24 months. The property is located on Route 117 in close proximity to Route 190 and Route 2 with many neighboring industrial uses and accessible area amenities.
PROPERTY FACTS
| Price | $2,500,000 | Rentable Building Area | 20,000 SF |
| Price Per SF | $125 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Property Type | Industrial | Parking Ratio | 1/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.92 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial - Zoning: I | ||
| Price | $2,500,000 |
| Price Per SF | $125 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.92 AC |
| Rentable Building Area | 20,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial - Zoning: I |
UTILITIES
- Lighting - Sodium
- Gas - Propane
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | LEOM-000583-000003 | Improvements Assessment | $648,400 |
| Land Assessment | $312,900 | Total Assessment | $961,300 |
PROPERTY TAXES
Parcel Number
LEOM-000583-000003
Land Assessment
$312,900
Improvements Assessment
$648,400
Total Assessment
$961,300
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637 Lancaster St
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