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114 Lancaster Rd 45,000 SF Vacant Retail Building Shirley, MA 01464 $11,570,917 CAD ($257.13 CAD/SF)
Executive Summary
114 Lancaster Road in Shirley, MA presents a rare opportunity to acquire or lease a well-located industrial/flex/retail property in the heart of Shirley's established commercial corridor. Situated on ±4.85 acres and improved with a newly constructed ±45,000 square foot, two-story facility, the property offers a combination of functional industrial/retail space, commercial flexibility, and significant long-term value through future expansion.
The property is zoned Lancaster Road Commercial (LRC), permitting a broad range of commercial, industrial, retail, and all marijuana business establishment uses. The existing building features approximately 18-foot clear heights on both floors, and is served by public water/sewer, and natural gas, providing the infrastructure necessary to support a wide variety of operations.
The property is zoned Lancaster Road Commercial (LRC), permitting a broad range of commercial, industrial, retail, and all marijuana business establishment uses. The existing building features approximately 18-foot clear heights on both floors, and is served by public water/sewer, and natural gas, providing the infrastructure necessary to support a wide variety of operations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
45,000 SF
Building Class
B
Year Built
2022
Price
$11,570,917 CAD
Price Per SF
$257.13 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
4.85 AC
Zoning
C2, Shirley
Parking
116 Spaces (2.9 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 45,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 45,000 SF | Retail | - | Now |
1st Floor
| Size |
| 45,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | SHIR-000002-B000000-000001-000002 | Improvements Assessment | $3,911,318 CAD |
| Land Assessment | $510,788 CAD | Total Assessment | $4,422,106 CAD |
Property Taxes
Parcel Number
SHIR-000002-B000000-000001-000002
Land Assessment
$510,788 CAD
Improvements Assessment
$3,911,318 CAD
Total Assessment
$4,422,106 CAD
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114 Lancaster Rd
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