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97-103 Elm St 1,890 SF of Retail Space Available in Millbury, MA 01527
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,890 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $37,800 /YR $3,150 /MO | Triple Net (NNN) |
1st Floor
Turn-key opportunity for food related businesses seeking to establish themselves in the heart of Millbury.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 97-103 ELM ST, MILLBURY, MA 01527
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Blossom Investments Inc
- Finance and Insurance
- 1
- -
- Davies Dental PC
- Health Care and Social Assistance
- 1
- -
- Millbury Town Florist
- -
- 1
- -
- Monique Trammell, LLC
- -
- 1
- -
- Pialtos James
- Public Administration
- 1
- -
- Timothy Benoit and Anthony Perham
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Blossom Investments Inc | Finance and Insurance | 1 | - |
| Davies Dental PC | Health Care and Social Assistance | 1 | - |
| Millbury Town Florist | - | 1 | - |
| Monique Trammell, LLC | - | 1 | - |
| Pialtos James | Public Administration | 1 | - |
| Timothy Benoit and Anthony Perham | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,890 SF | Gross Leasable Area | 18,589 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.62/1,000 SF |
| Total Space Available | 1,890 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 18,589 SF |
| Year Built | 1900 |
| Parking Ratio | 0.62/1,000 SF |
ABOUT THE PROPERTY
Kelleher & Sadowsky is pleased to present 97 Elm Street in Millbury, Massachusetts for lease. This ±1,890 square foot retail space is currently occupied by Timothy Jay Sweets, a well-known local bakery, and offers a turn-key opportunity for other food-related businesses seeking to establish themselves in the heart of Millbury. The existing bakery infrastructure and equipment are available for purchase directly from the current tenant, allowing a new operator to step into a fully functional space with minimal downtime. Conveniently located near Millbury Center, the property offers easy access to Route 146, I-90 (Mass Pike), and I-290, as well as strong visibility, steady traffic, and proximity to local amenities. Contact us today for additional information or to schedule a tour.
NEARBY MAJOR RETAILERS
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97-103 Elm St
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