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$ 5,295,000
Est. payment | /mo
24,751 SqFt
$ 5,295,000
Est. payment | /mo
24,751 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 24,751 sqft
Price per Sqft $213
MLS Listing ID 73460693
HOA Y/N false
Year Built 1971
Annual Tax Amount $113,915
Tax Year 2025
Lot Size 1.380 Acres
Acres 1.38
Property Description
This 24,751 +/- SF favorable investment opportunity is located in the IND-B section, near Lexington's Hartwell Avenue. The building boasts two-floors of multi-tenant flex space serviced by a 4,500 lb capacity passenger/freight elevator, providing flexibility for uses such as office, R&D, lab, biotech, and light manufacturing. A major advantage of this location is its proximity to a pool of skilled white-collar employees. Within a 3-mile radius, there are approximately 16,053 highly skilled professionals, presenting a powerful workforce for businesses in the area. Notable neighbors include industry giants like Thermo Fisher Scientific, Stoke, Diversified Technologies, Cubic PV, and UCB, which further enhances the property's appeal.
Location
State MA
County Middlesex
Zoning IND
Direction Preston Court
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by Jeremy Cyrier
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449