234 Littleton RdWestford, MA 01886

Property Details for 234 Littleton Rd

Year built

1988

Construction

FRAME

Property size (Sq ft)

4,056 SF

Zone code

CH

Property type

Office properties

APN

WFOR M:0017.0 P:0089 S:0001

APU

WFORM00170P0089S0001

Description

This exceptional 2nd-floor office space, located within the Westford Commons Building at 234 Littleton Road, Unit 2B, Westford, MA, presents a compelling investment opportunity. Conveniently situated on Route 110, this property offers easy access to Route 495 and nearby restaurants, ensuring high visibility and convenient commuting for employees and clients. The unit itself boasts approximately [Square footage - information not provided] of well-appointed space, currently configured with a welcoming reception area, six private offices providing ample individual workspaces, and two bathrooms for the convenience of occupants. The property is currently occupied by a tenant under a lease agreement extending until April 21, 2027, with a valuable built-in option for a five-year lease extension. This provides immediate income generation and long-term stability for the investor. The building features elevator access, adding to the overall convenience and accessibility of the space. This is an excellent opportunity to acquire a well-located, income-producing office property in a thriving area of Westford, Massachusetts. The property's strategic location and existing lease agreement make it an attractive investment with significant potential for future returns. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $670,578

  6.5%

  $618,995

  7%

  $574,781

• Comparable approach

  Method

  Valuation

  Relative Method

  $529,957

  Geo Method

  $529,957

• Alternative Use

  Use

  Valuation

  Residential

  $767,554

  Hospitality

  $703,075

  Educational

  $584,950

  Medical

  $605,068

  Retail

  $909,923

Location Insight

City

Westford

County

Middlesex

State

Massachusetts

Latitude

42.5602

Longitude

-71.4322

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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