Maynard Office Space

Maynard, which is a small town that is located in Middlesex County, Massachusetts, is a great place to find office space for a growing business or one that is just starting out. It is only 22 miles from Boston, and the historic downtown area is already home to shops, offices, and restaurants that will make your business feel like part of a growing community.

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Neighborhoods Worth Considering in the Area

In this area of Massachusetts, you will find that there are only two neighborhoods to consider when searching for a location for your business. This is a town that has a lot of professionals and office workers living here, so it is the perfect location for your business, regardless of the neighborhood that you select. The two neighborhoods in this town are:

• Town Center – This is a historic part of town, which means that the buildings were built between 1940 and 1969. In this area, 54 percent of the population works in a professional office setting, which means that your business will fit into this neighborhood well.
• Parker Street – many of the homes and buildings in this area were built before the year 1939. In this area, over 52 percent of the residents are employed in a professional setting, while another 20 percent are employed in sales.

Leasing Space for an Office in the Area

If you decide to lease space in the area, you will be able to find a space that better fits your business. This means that when your business grows, you can change spaces and adjust to the needs of your business without much hassle. In addition, if you lease space for your business, you may find some owners who are willing to pay for the utilities, the cleaning crew, and repair or maintenance needs. This can help you save money as you transition to your new location.

If you are really trying to save on overhead as you move into your new office location, try leasing a shared space. This type of space is going to be ideal because it may already include office furniture and other business essentials that you would otherwise need to purchase. In many cases, internet access and a phone answering service are also included with the space.

Buying Space for an Office in the Area

When you purchase space for your office, you are going to need to take the size of your business and its growth potential into account. The last thing you want to do is purchase property that your business will outgrow in a few years because this means that you will need to sell it or lease it to someone else while moving your business to a larger location. Ideally, if you purchase space, you will want to find a unit that is more than large enough for a startup. This gives you plenty of space for a growing business, and it gives you the flexibility of renting out the extra space to another small company. This additional income can help maintain the building and pay a portion of the mortgage as well.

Typically, this type of space is split into three categories, which are:

• Class A – This is a space that should have been constructed in the past 20 years. Typically, this type of office building is located in a prime area of the town, and it has high-quality furnishings and finishes inside that make it look more modern. Since this is going to be a type of space that is in demand, it may be more difficult to find in some areas.
• Class B – These are typically mid-rise buildings that are slightly older than the Class A options in the area. The finishes that are found here are more practical, which may make the buildings a clear step down, but if it is not located in the financial district of Boston, this type of space will fit right in, especially in the suburbs surrounding the city.
• Class C – This type of space is functional for an office, but it is not often more than a space that you can use for a period of time because they are typically older spaces that may need a few repairs in the looks department.

Listing Office Space for Lease and Sale

Finding the right space for your office can be difficult, especially if you do not live in the area. There are a lot of things to consider when purchasing a new space, but there are also things that you need to consider if you need to move spaces. One of the main reasons that you will need to list a space is that your business is growing and the unit that you currently lease or own is no longer big enough to accommodate the needs of your business. The other main reason is that the location that you selected did not pan out for your business.

Regardless of the reason that you are listing a space, having professional representation can help you find the right business owner to lease or sell to. Boston City Properties knows the area, and they will have resources that you need to make your listing successful. Call today at 617-247-1933.

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