114 Lancaster Rd - Flex FOR SALE


Shirley, MA 01464
$8,325,000 USD
508-635-6784
114 Lancaster Rd, Shirley, MA for Sale
$8,325,000 USD
Flex - FOR SALE
1/15
null | Request Cap Rate

114 Lancaster Rd
Shirley, MA 01464


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$8,325,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

116

LAND DETAILS

LAND ACRES

4.85

LAND SF

211,266

ZONING

C2, Shirley

APN/PARCEL ID

SHIR-000002-B000000-000001-000002

ASK ABOUT THIS PROPERTY

Drew HigginsKelleher & Sadowsky Associates, Inc.More Info
508-635-6784

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Drew HigginsKelleher & Sadowsky Associates, Inc.More Info
508-635-6784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.