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61 Parkhurst Rd 11,495 SF Retail Building Chelmsford, MA 01824 $2,983,791 CAD ($259.57 CAD/SF)
Investment Highlights
- A Fully Vacant 11,495 SF Retail/Flex Building Ready for Immediate Occupancy
- Prime Location Just 0.25 Miles from MA-3 and Under Two Miles from I-495
- Two Drive-In Doors and Flexible Layout Suitable for Retail, Industrial, Or Service Commercial Uses
Executive Summary
A Fully Vacant 11,495 SF Retail/Flex Building Ready for Immediate Occupancy
Two Drive-In Doors and Flexible Layout Suitable for Retail, Industrial, Or Service Commercial Uses
Prime Location Just 0.25 Miles from MA-3 and Under Two Miles from I-495
Strong Retail Traffic Draw from Walmart, Hannaford, Starbucks, Chipotle, and Other National Brands
Located in a Growing Commercial Hub with Robust Infrastructure, Skilled Workforce, and a Diverse Employer Base
Marcus & Millichap is pleased to present 61 Parkhurst Road, an adaptable 11,495-square-foot retail/flex building in Chelmsford, Massachusetts. Delivered fully vacant and ready for immediate occupancy, the property offers a rare opportunity for an owner-user, investor, or hybrid operator seeking functional space with exceptional accessibility. Previously occupied by Middlesex Rental and a dance studio, the building features two drive-in doors, open floor plates, and flexible layouts that accommodate a wide range of retail, industrial, or flex users. With its strategic placement, adaptable configuration, and proximity to major demand drivers, 61 Parkhurst Road represents a compelling opportunity for acquisition in a high-demand Greater Boston submarket.
The property is strategically positioned just 0.25 miles from MA-3 and less than two miles from I-495, placing it within one of the region’s most efficient logistics and transportation networks. Several nearby national retailers along Drum Hill Road, including Walmart, Hannaford, Starbucks, and Chipotle, drive significant daily traffic that will benefit any owner-user. Moreover, 61 Parkhurst Road is situated within an economically resilient town known for its strong workforce and sustained commercial growth, supported by Chelmsford’s robust business environment and ongoing public and private investment in new development. Once rooted in textile manufacturing, Chelmsford’s economy has evolved into a modern innovation hub with a diversified employer base across technology, healthcare, education, and manufacturing. This transformation, paired with regional partnerships and technical training pipelines, continues to attract businesses seeking stability, skilled labor, and accessible infrastructure.
Two Drive-In Doors and Flexible Layout Suitable for Retail, Industrial, Or Service Commercial Uses
Prime Location Just 0.25 Miles from MA-3 and Under Two Miles from I-495
Strong Retail Traffic Draw from Walmart, Hannaford, Starbucks, Chipotle, and Other National Brands
Located in a Growing Commercial Hub with Robust Infrastructure, Skilled Workforce, and a Diverse Employer Base
Marcus & Millichap is pleased to present 61 Parkhurst Road, an adaptable 11,495-square-foot retail/flex building in Chelmsford, Massachusetts. Delivered fully vacant and ready for immediate occupancy, the property offers a rare opportunity for an owner-user, investor, or hybrid operator seeking functional space with exceptional accessibility. Previously occupied by Middlesex Rental and a dance studio, the building features two drive-in doors, open floor plates, and flexible layouts that accommodate a wide range of retail, industrial, or flex users. With its strategic placement, adaptable configuration, and proximity to major demand drivers, 61 Parkhurst Road represents a compelling opportunity for acquisition in a high-demand Greater Boston submarket.
The property is strategically positioned just 0.25 miles from MA-3 and less than two miles from I-495, placing it within one of the region’s most efficient logistics and transportation networks. Several nearby national retailers along Drum Hill Road, including Walmart, Hannaford, Starbucks, and Chipotle, drive significant daily traffic that will benefit any owner-user. Moreover, 61 Parkhurst Road is situated within an economically resilient town known for its strong workforce and sustained commercial growth, supported by Chelmsford’s robust business environment and ongoing public and private investment in new development. Once rooted in textile manufacturing, Chelmsford’s economy has evolved into a modern innovation hub with a diversified employer base across technology, healthcare, education, and manufacturing. This transformation, paired with regional partnerships and technical training pipelines, continues to attract businesses seeking stability, skilled labor, and accessible infrastructure.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
11,495 SF
Building Class
B
Year Built
1976
Price
$2,983,791 CAD
Price Per SF
$259.57 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.92 AC
Zoning
CB - https://ecode360.com/attachment/321117/CH1747-195a%20Use%20Regulations.pdf
Parking
30 Spaces (2.61 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | CHEL-000032-000110-000010 | Improvements Assessment | $1,427,779 CAD |
| Land Assessment | $470,884 CAD | Total Assessment | $1,898,663 CAD |
Property Taxes
Parcel Number
CHEL-000032-000110-000010
Land Assessment
$470,884 CAD
Improvements Assessment
$1,427,779 CAD
Total Assessment
$1,898,663 CAD
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61 Parkhurst Rd
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