21-69 S Main St - Light Distribution FOR SALE


Leicester, MA 01524
$2,700,000 USD
774-230-3634
21-69 S Main St, Leicester, MA for Sale
$2,700,000 USD
Light Distribution - FOR SALE
1/75
null | Request Cap Rate

21-69 S Main St
Leicester, MA 01524


OVERVIEW

21–69 Main Street in Leicester, MA offers up to 75,000± SF within a highly visible former mill building in the Cherry Valley section of town, just beyond the Worcester city line. Fronting heavily traveled Route 9, the property benefits from strong exposure, convenient access, and excellent regional connectivity. The asset includes more than 50,000 SF of existing leasable area and generates approximately $130,000 in annual NOI from current tenants, providing immediate in-place cash flow with clear upside potential. Its flexible layout and accommodating zoning support a broad range of uses, including office, retail, distribution, and light industrial, positioning the property as a compelling opportunity for an owner-user, a cash-flow-oriented investor, or a value-add redevelopment buyer in a highly accessible location.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Storefront, Distribution

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

2

PARKING SPACES

60

LAND DETAILS

LAND ACRES

3.74

LAND SF

162,914

ZONING

B

APN/PARCEL ID

LEIC-000023CE000043

ASK ABOUT THIS PROPERTY

Collin MulcahyLornell Real EstateMore Info
774-230-3634

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Collin MulcahyLornell Real EstateMore Info
774-230-3634

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