Searching for Retail Space in North Reading, MA

When it comes to finding the right retail space for your business, it is critical to choose the best location for it. Aside from the area, you should also consider the structure’s features and amenities, along with its size and price.

Click Here to Search

Retail Space

North Reading is one of the top areas for shops. A town in Middlesex County in Massachusetts, this place has plenty of options that will help your business thrive. It surrounds various cities, including Lynnfield, Middleton, North Andover, and Wilmington.

The community has a rich and exciting history. Today, it is one of the flourishing towns in the entire county with its beautiful town center that has a newly refurbished high school. There are still historic buildings in the area, but you can also find new developments here, which may be suitable for your business. The town is in proximity to the capital city of the state, Boston, so you can build your venture here, especially if you plan to attract suburban families and professionals.

Commercial Real Estate for Lease and Sale

The town offers a variety of properties that are suitable for different kinds of businesses. If you need a unit for your small firm that does not require a huge room for its limited inventory, you can find a place that can meet your expectations. You do not have to worry about the extra space it may provide, which can also add up to the total amount of the property.

Meanwhile, if you need a large site, a place that is next to a variety of businesses, or you prefer a stand-alone building, you may be able to find what you need in this town. Whether it is your first store location or you have been all around the city or even the state, you always need to make the right decision.

One of the most significant concerns in tracking the next address for your shop is the cost. Whether you lease or purchase, your total budget is essential. Therefore, you should look for a location that is not only appropriate for your plans today but also for the future of your business. Once you know your budget, you should stick to it. You can limit your options through this method since you will only be searching for the property that you can afford.

Some of the neighborhoods in this town that offers affordable properties are Main Street and Concord Street. In the first one, Main can provide you with $0.75 to $0.95 per square foot per month. Meanwhile, in Concord Street, you will see some properties that are around $1.33 per square foot per month.

The prices of the units are not final because they will still depend on a variety of factors, such as the type of property, its total size, and the location. Most of the time, if there are several other businesses in the area, you will have to pay a much higher price. You may think it is a disadvantage, but you will actually benefit from the site even if you have some competition around.

When searching for a place for your venture, you should first take a look at the other properties in the community. It should not be too pricey, especially if you compare to the other units in the area. For instance, in River Park Drive, you can find some structures here that cost $23 per square foot per year. Some are a little higher than this amount, but there are also others that can be as expensive as $100+ per square foot a year.

Typically, these buildings are stand-alone properties that are categorized as Class A where the occupants can enjoy different amenities, including free parking for hundreds of vehicles, kitchens, and thousands of square footage to accommodate their store, as well as their office.

List Your Property Today

If you own a unit in North Reading, you should take some time to list it online. You may find that you have some tough competition in the neighborhood where your property is, which is why no one is interested in leasing or purchasing. You can change the situation and earn from the vacant structure that you currently have.

What you need to do is to appeal to the right people or business. If the retail site can cater to a specific type of service, such as a restaurant or a pharmacy, you should be detailed in this regard. You may also want to provide the benefits that these companies can get out of leasing or purchasing the property, such as it is in an area with high foot traffic.

Click Here to Search

Retail Space