159 Lorum StTewksbury, MA 01876

Property Details for 159 Lorum St

Year built

1968

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.30 AC

Property size (Sq ft)

20,000 SF

Zone code

IH

Property type

Life science properties

APN

TEWK M:0022 L:0074 U:0000

APU

TEWKM0022L0074U0000

Description

This exceptional 20,000-square-foot industrial warehouse, situated on a generous 2.3-acre lot in Tewksbury, Massachusetts, presents a compelling opportunity for businesses seeking expansive space and strategic location. The property boasts a single-tenant occupancy, offering complete control and flexibility. The warehouse features a substantial 14-foot ceiling height, providing ample vertical storage capacity. Two convenient drive-in doors ensure efficient loading and unloading operations. Power is robust, with a 1200-amp, 480-volt service, capable of supporting a wide range of industrial applications. The property is zoned Industrial-1, allowing for a variety of permitted uses. Located in Middlesex County, at 159 Lorum St, Tewksbury, MA 01876, this property offers easy access to major transportation routes, enhancing logistical efficiency. The entire 20,000 square feet is currently vacant, making it ready for immediate occupancy. This property is available for both sale and lease, providing options to suit diverse business needs. The expansive lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a substantial industrial property in a prime location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,784,782

  Hospitality

  $3,466,840

  Educational

  $2,884,370

  Medical

  $2,983,568

  Retail

  $4,486,798

Location Insight

City

Tewksbury

County

Middlesex

State

Massachusetts

Latitude

42.6216

Longitude

-71.2544

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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