857-362-0137
4 Central St, Leominster, MA for Sale
Storefront Retail/Office - FOR SALE
1/9
null | Request Cap Rate

NEW



HIGHLIGHTS

  • Significant unmet retail demand
  • 2.2 Miles to Route I-190

OVERVIEW

4 Central Street is not a typical downtown commercial listing. It is a 4,000 square foot masonry building in immaculate, like-new condition, on Route 12 in the core of downtown Leominster — a market where the data tells a compelling, forward-looking story. The corridor generates 390,000 annual visits. Consumers in the 5-mile trade area spend $444.85 every week. The median household income — already $85,700 today — is projected by STI to reach $107,900 by 2029, a 26% increase in five years. The retail trade index for this market is 120, meaning it generates 20% more retail demand than the state of Massachusetts average per capita. For an owner-user, this is a move-in ready building with 6 on-site parking spaces, BB zoning broad enough to support virtually any commercial concept, and a customer base whose purchasing power is growing. For an investor, it is a turnkey asset in a rising-income corridor with a wide tenant universe, proven foot traffic, and no capital expenditure required at acquisition.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

BB

APN/PARCEL ID

LEOM-317 5 D

ASK ABOUT THIS PROPERTY

Summer StubblebineThe Stubblebine CompanyMore Info
857-362-0137

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

Summer StubblebineThe Stubblebine CompanyMore Info
857-362-0137

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