Real Estate Ph: (617) 247-1933 806 Tremont Street, Boston MA 02118

Leominster Office Space

Leasing and Buying Office Space

One of the biggest challenges to new and expanding businesses is to find affordable offices and storefronts to lease or buy. If you're in the market for inexpensive leases and buildings to purchase at reasonable rates, Leominster is a great place to begin your search. The city offers an incubation program for small companies to give them a jump start, and the first step is to help business owners find places to set up shop and stay within their budget.

Search Office Space

One of the ways in which the city is assisting business owners is to offer shared space; a concept that involves two or more businesses or start-ups sharing properties. A small company doesn't have as many requirements as an established corporation and is often working with a limited budget. Shared areas are cost-effective since the overhead is lower than with a traditional lease. Shared spaces are ideal for:

The community is poised for a lot of commercial and mixed-use development with the number of commercial properties with extensive square footage that have come onto the market. Public transportation is available by the Fitchburg line of the "T," and the region is accessible from I-190, and Routes 2, 12, 13, and 117.

Neighborhoods and Geographic Location

Leominster is Worcester County's second largest community; is to the north of Worcester and to the west of Boston. The location is ideal for business of all types since Route 12, and Route 2 both pass through the community. Routes 117, 13, and Interstate 190 all begin or end in this city. The boundaries of the Worcester County city are Lancaster to the east, Westminster to the west, Lunenburg and Fitchburg to the north, and Princeton and Sterling to the south. The Nashua River runs through the city, and the northern and western sections are hilly and rugged. The community is comprised of several villages including:

The Car Barn Village is so named because it's where trolley cars were once stored. Since the neighborhood's primary function was the storage of the trolleys, it's a prime location for commercial development. The town is the site of several conservation areas, state forests, and state parks including Johnny Appleseed State Park.

Leasing Office Space

Prime spaces in this small community are available in the main business district in buildings constructed around the turn of the century; circa 1910. Some of the available Class C spaces were formerly retail shops and are suitable for a variety of service or professional businesses. The downtown location attracts a lot of vehicle and foot traffic. Many residential and business services are in proximity to this section of town.

Building sizes vary but may comprise 30,000 or more square feet. In addition to the square footage on the main floor, additional storage is available in basement levels. Lease prices vary considerably depending on location and the size of the property. Leases may start at $1.00 for 297 to 1,3000 feet and go up to between $2.50 and $3.33 for 3,000 to 20,000 square feet.

Buildings zoned for professional suites are prevalent throughout this community. Class B buildings consisting of 2,000 sq. Ft. may rent for $2,000 per month. Units in 152,000 square foot industrial buildings are zoned for professional use. Available workspaces close to the highways and downtown are open to new tenants for approximately $1250 per month. Amenities can vary depending on the property but may include outside maintenance and snow removal, newly decorated suites and carpeted, open spaces, air conditioning, heat, and plenty of adjacent parking.

Buying Office Space

The properties available for sale in this community are diverse and zoned for a variety of uses; with suites in sizes to suit every purpose. Many of the properties on the market are in a central location close to the downtown area, or in proximity to highways. Construction from the early 1900s features meticulous detail in the architecture and interior design. Intricate woodwork, stone, and built-ins are featured in many of these older buildings and offer a touch of elegance to the surroundings. Some of the multiple-story buildings have a live/work option with living quarters on one of the upper floors. A lot of the buildings from this era are only steps away from the commuter rail station.

Some commercial properties in this town can be purchased for approximately $450,000. Buildings may be zoned for use as professional offices but may be developed for use by multiple tenants. Newer buildings constructed during the 1990s are Building Class B and sell in the $2,410,000 to $3,000,000 price range. Many of the buildings are located within the area where the majority of retail trade takes place. Many of the properties are close to Route 2 and are excellent investment opportunities. An excellent reason to consider these properties is that they have expansive open spaces suitable as waiting areas and can accommodate service-related companies like insurance and payment processors. They're also an ideal option for a doctor.

Listing Office Space For Lease and Sale

Whether you need an entire building or a small suite, Boston City Properties can assist you in your search. Rather than delving through hundreds of listings, sign up to receive updates from our database of properties. Utilize the filters on our site to find the buildings that meet your preferences. Whether you own an established company and want to expand, or are a start-up, we can assist you. We can assist you in finding the perfect unit with the amenities you need and the price that fits your budget.

Search Office Space