Harvard Office Space

The town of Harvard is situated in Worcester County Massachusetts 25 miles northwest of Boston. With no Interstates in close proximity to the town, most commuters use MA Route 495 or Route 2, which extends the driving mileage to the city another 11 miles and takes around 50 minutes. The town has several forests, fields, rolling hills and is well known for its riding stables and abundant apple and peach orchards in neighboring areas.

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This prosperous, rural town was the first Shaker town in the state and the second in the US. At one time Shakers owned 2,000 acres of land, but now only one Shaker building is open to the public at Fruitlands Museum. The museum includes a National Historic Landmark of a Fruitlands farmhouse, an art gallery, other frequently changing exhibitions and a section dedicated to Native American life.

The town has many historic farm houses, winding, tree-lined roads and dotted around the town’s common are many Colonial and Victorian homes. From the 400 year old village of Still River walkers can experience excellent views of Mount Wachusett and the southern New Hampshire Mountains.

Located southeast of the town is Bear Hill Pond a 330 acre expanse of water used for all types of recreational activities. During summer months and at weekends the pond is busy with all kinds of water crafts; canoes, kayaks, paddle boats and water ski boats. Town Beach is 18 acres of land mostly comprising of wooded and wetlands where there is a biking path, a boat launch ramp, picnic tables, a roped off swimming area and parking for cars and boats. In winter, the pond is used by skaters, ice fishers, snow mobiles and cross country skiers.

Fort Devens was an army post for 75 years that closed in 1992, so now Harvard intends to develop this area by building affordable housing and attracting new businesses. Recent years have brought many changes to this small, rustic town creating newer, upscale real estate residential districts and the opportunity for new companies to start up and others to relocate to this up and coming town.

When moving to a different town or starting a new business, leasing property is a good way to start. Leases are generally for one year, with a view to renewing for a further year, or locking in a rent rate for several years. Property owners like to know they have a stable tenant to rely on for years to come. Another advantage to leasing is that if your business is booming, you have the opportunity to move to a larger unit as soon as your lease expires. With this region still under development, leasing costs might not be as high as other surrounding towns. To lease a decent 3,011, sq. ft. space will cost around $3,750 per month and a large building with 5,450 sq. ft., suitable for an up and coming design studio or another profession; will cost around $6,800 per month.

Buying property is a good investment for companies with a proven successful business history. Medical related institutions are always needed in most US towns and cities, so laboratories and radiology companies recognize the longevity of their services and usually buy property, either in a strip mall, a large plaza or an office block. Chain companies like hearing aid specialists tend to purchase a unit because this is a service required in all towns and cities and they know the value of the property will likely increase. Buying more office space than required is also a good investment and gives the company the opportunity to lease surplus space until the business grows. If the company has a monthly mortgage payment, the rent collected from the leased excess space will offset that payment adding to the company’s monthly cash flow. Every town has its own zoning areas and your realtor will guide you through the process of selecting properties in the correct one.

To list office space for lease or sale, contact a local realtor who has a long history of leasing or selling commercial real estate. He or she knows the area well and can advise you about any pitfalls you might encounter. Property for sale needs to be listed by a professional, so that prospective buyers have all the correct information before they decide to view it. When proposing to list a property for sale, there are legal issues that need to be addressed and the realtor can put you in contact with the correct people to help. They are also in regular contact with title companies and can refer you to one to implement a quick and timely sale.

How to Find Office Space in Harvard, MA That You Can Afford

Harvard is a town that is mostly known for its excellent schools. However, it is also a great place for your business. If you are searching for office space, you may want to look into this area, which is situated in Worcester County, Massachusetts. It is in the MetroWest with places like Ayer, Littleton, Boxborough, and Lancaster surrounding it.

You may have heard about the expression that it is all about location, which is used in several situations. It also applies when you are searching a commercial property. While this town has so much to offer when it comes to its public schools, attractions, and historical sites, it is also a wonderful area to begin your business.

One reason is that it your clients and employees can get there easily. If you work with other people or your clients visit you almost every day, it makes sense to provide them with a spot in the town that they can easily access. The location of the unit is also useful in determining whether you should choose a particular neighborhood over the others. Think about the establishments that are close to the spot, including gym, coffee shop, bar, and the like. These places are quite useful in keeping your staff and your clients happy.

Buying vs. Leasing a Property in This Town

You may also want to think about the price in the town. This factor typically dictates whether you should lease or purchase commercial property. If you can afford to buy, it makes sense to select this option. However, it does not mean that leasing does not have its benefits.

One of the reasons why you may want to look into renting over purchasing is that the prices are quite attractive. A unit at Lancaster Country Road can have a median asking price of $1.25 per square foot monthly. If the property measures about 5,000 square feet, you will only have to pay $6,250 every month.

The cost of the property does not require you to make a huge down payment, which is an upside. You can just pay for the one month’s rent, as well as the other services you may have used during your search for the unit. It is easy to find a property in this area that already includes the utilities payment in the rent. There are even landlords that allow the lessee to rent out the extra room that remains empty. Plus, lease term is mostly negotiable.

However, purchasing does have several benefits, which is why it makes sense that professionals tend to choose this option more than just leasing. Unless you cannot afford to buy, you should choose to become the owner of the property rather than rent it out for several years. The reason for this is that the rents typically increase every year, which is not as a smart option as buying especially if you intend to stay in the neighborhood for a long time.

Another reason is that you will end up paying more than you can handle, particularly if you choose an old warehouse building. Ayer Road is a neighborhood in this town that you may want to check out. It has some office spaces available and most of them are great for use for new businesses. When you buy a property, you do not have to worry about the contract that will expire at the end of the year or five years. The building is yours and you can even make improvements to it if it is what you want.

The mentioned neighborhood is also beneficial for startups because of its location. It is nearby Route 2 as well as 110 Cloverleaf. It offers great access and you can count on high traffic at several times during the day. It can be useful for you depending on the type of business you run.

Market the Unit

If you are not searching for a commercial property but instead you have a unit to sell or lease, you will see that it is easy to find a lessee or a buyer if you have the location right. A convenient neighborhood in Harvard offers quick access to public transit, highways, and establishments. You want to make sure the property you would like to sell or rent out is in an attractive location in this town. This way, employees and customers can go to the building without problems.

If there are workplace amenities, such as exercise facilities, meals, and banking, you should certainly include these details when you list the property. They will make your commercial unit more attractive than ever. Additionally, anything with the word “free” in it can beat other deals. For instance, you can provide free WiFi or complimentary parking to the employees or the customers.

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