For Sale
$8,500,000

1 Federal St Billerica, MA 01821

60,000 SF, ±3.59 Acres, Owner/User

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional ±60,000 square foot, two-story mixed-use building presents a unique owner-user opportunity in Billerica, Massachusetts. Situated on a spacious ±3.59-acre lot within The Fields business park, this Class B property, built in 1985, offers a flexible layout ideal for a variety of uses, including office, research & development, and flex space. Currently 100% improved with modern office fit-outs, the property benefits from ample parking (172 spaces) and unparalleled access to major transportation arteries, including Route 3, I-95, and I-495. Its location provides easy access to New England's skilled labor pool. The property is zoned for industrial use and boasts high-end, modern interior finishes, a legacy of its previous occupancy by a major life sciences company. Recent comparable sales show successful conversions to flex/manufacturing and religious uses, highlighting the versatility of this prime location. The asking price for this exceptional investment opportunity is $8,500,000.

Highlights

  • $8,500,000 asking price for a 60,000 square foot mixed-use building.
  • Located in Billerica, MA, at 1 Federal St, in the established Fields business park.
  • Features a flexible layout suitable for office, R&D, and flex uses.
  • Two-story building on a 3.59-acre lot with 172 parking spaces.
  • Built in 1985, currently vacant, with modern office fit-outs.
  • Excellent highway access via Route 3, I-95, and I-495.

Property Details for 1 Federal St

Property type
Office properties, Mixed-use properties
Square Feet
60,000 SF
Class
B
Year Built
1985
Stories
2
Lot Size (sq. ft)
156,380 SF

Location Insight

City
Billerica
County
Middlesex
State
Massachusetts
Latitude
42.544707583868
Longitude
-71.281314695595
1 Federal St, Billerica, Massachusetts

FAQs

What type of property is this?
Office property - 60,000 SF, ±3.59 Acres, Owner/User
Where is the office property located?
The property is located at 1 Federal St Billerica, MA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: $8,500,000 asking price for a 60,000 square foot mixed-use building.; Located in Billerica, MA, at 1 Federal St, in the established Fields business park.; Features a flexible layout suitable for office, R&D, and flex uses.
How can I contact the broker?
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1 Federal St
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