290 Eliot StAshland, MA 01721

Property Details for 290 Eliot St

Year built

1980

Lot size

3.02 AC

Property size (Sq ft)

50,000 SF

Zone code

30

Property type

Retail space

APN

ASHL M:025.0 B:0319 L:0000.0

APU

ASHLM0250B0319L00000

Description

This exceptional warehouse opportunity, located at 290 Eliot St in Ashland, Massachusetts, offers 15,000 square feet of immediately available space within the Ledgemere Industrial Park. Part of a larger seven-building complex totaling 49,733 square feet, this property boasts convenient access to major roadways and ample parking. Built in 1983, the building features two stories, with the available space situated on the second floor. The space is fully equipped with heating and air conditioning, providing a comfortable and productive work environment. The flexible layout allows for customization to suit various business needs, with a minimum divisible space of 10,000 square feet and a maximum contiguous space of 15,000 square feet. The Ledgemere Industrial Park is professionally managed, offering tenants the advantage of a well-maintained property and a supportive community. The location provides easy access to a variety of amenities, including supermarkets, restaurants, banking facilities, and daycare centers, all within walking distance, enhancing the convenience and appeal of this prime industrial space in Middlesex County, MA, zip code 01721. The property sits on 2.56 acres and is part of a larger plaza.

• CAP approach

  CAP return

  Valuation

  6%

  $12,151,745

  6.5%

  $11,216,996

  7%

  $10,415,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,463,160

  Geo Method

  $16,463,160

• Alternative Use

  Use

  Valuation

  Residential

  $9,461,956

  Hospitality

  $8,667,100

  Educational

  $7,210,926

  Medical

  $7,458,920

  Retail

  $11,216,996

Location Insight

City

Ashland

County

Middlesex

State

Massachusetts

Latitude

42.2423

Longitude

-71.4332

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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