Ayer, MA Commercial Real Estate for Sale and Lease
If you're searching for commercial real estate in Ayer, MA, you've come to the right place. Boston City Properties maintains a huge, searchable online database of constantly updated Massachusetts real estate listings. We'll give you free, instant access--all that you have to do is complete the quick, easy form on this page.
Click Here to View Today's
Commercial Property List
What to Expect
This small Middlesex County town is located about 45 miles northwest of Boston and has a population of around 7,400. Due to its size, it isn't overrun with commercial real estate, but you can still typically find industrial, retail and office space for sale or lease most of the time.
Lease or Buy Commercial Space in Ayer, MA
Begin your search for commercial space in this quaint town by signing up on this page for free access to our searchable listings. Use the filters to input your preferences regarding price, location, square footage and other characteristics. Read through detailed listings that include large photos and in-depth descriptions to quickly find viable options.
Sign Up to Search Now
Signing up for access to our real estate listings only takes a minute. Upon doing so, you can start searching for commercial properties in this town that suit your needs. Later, we can also connect you with a local real estate expert who can assist you further. For more information, contact Boston City Properties today.
Commercial Property Investments in Ayer: Should You Try Investing?
Commercial real estate investments can become quite lucrative, particularly if you know what you are doing. These properties are all around us from offices to apartments to retail space. Rental income and appreciation are among the methods of earning money in this type of venture. You can get income by operating the building or you can wait for it to increase in value over time.
In this town, there are several options if you want to invest in commercial real estate. Just like with other places, it requires capital and a little bit of know-how. It may take some time but you can generate profit if you have a real property, such as industrial, malls, farmland, hotels, apartment buildings, warehouses, retail, and office buildings.
Since there are some choices in the area, it is possible to invest here. For years, investors have experienced risk-adjusted returns that are quite attractive and a diverse portfolio with the help of the location. If you are willing to invest in commercial real estate in this town, the strategy here is simple. You should be aware that there is inherent demand for properties in this place. Many investors are making money by leasing the property and then they charge the tenants during their stay. Meanwhile, there are others who purchase properties and wait for them to appreciate in value.
In the case of office space, this type of investment includes parking decks and cubicles. For instance, if you have a law firm, you will pay for the rent and the lease terms will range from five to 10 years. There are also warehouses in the area, which accommodate a distribution or manufacturing company. Typically though, their location is not ideal for retail shops but they can still be used as offices.
Apartment or multifamily buildings are also common in the area and they can either be short or long term but most of them will not last for more than one year. Investing in this kind of commercial real estate allows you to have more tenants, which can lead to more payments from each of them.
There are plenty of offices and retail space in this town. The prices are quite fair for buyers as the median price per square foot is just $188, which is inexpensive compared to the surrounding areas. The median rent is almost the same as the other towns with $2,100 per month. The average home value in this town is $296,600, which is lower than nearby cities, such as Harvard which has $561,000 and Boxboro with $475,000. Townhomes or condos in this area are not as abundant as single-family homes.
What You Need to Know about Ayer MA Office Space
Office space in this town is just limited since most of the available units are for warehouses and storage. Nevertheless, you can find some spaces that are designed for office use. An example is the one at 111 Fitchburg Road. It is an office space for sale for $575,000. The class of the building is C and has a lot size of 2.08 acre.
The huge site can be a great investment, although the area is dependent on cars, meaning it is not friendly to walkers and bikers. Still, it is considered an excellent location for businesses. The building is in good condition and is appropriately maintained by the landlord. It only has one floor, so everything is all on one level, including the rentable building area that measures 9,997 square feet. There is also lots of parking space onsite as it can accommodate up to 120 cars.
The building is designed for office use, but it can be transformed into any type of business, including retail, industrial, and warehouse. Its utilities include propane gas and heat. Investors who may want to take advantage of more leases can divide the area into several spaces to accept more tenants. Additionally, the large parking spots can be used to expand the business or the building itself.
This office space is close to the town-Shirley line, which is right on Fitchburg Road. Customer traffic can come from different streets, including Groton-Shirley Road, which has a traffic volume of 7,829 and Groton School Road with 427 traffic volume.
If you are willing to take some time and you have the funds to purchase a warehouse in this town, you can convert it into an office for your business. At 1 Sculley Road, there is an industrial space for sale that is mainly used as warehouse storage. The C class building is now up for sale for $1,216,800, which is calculated based on $60 per square foot and can be a great investment or you can use it for your business.
The building was constructed in 1987 and comes with a clear ceiling height of at least 14 feet up to 18 feet. There are three dock high doors for loading and three drive-in or grade level doors. The building area that you can lease measures 20,280 square feet in a lot size of exactly one acre.
Utilities include gas, sewer, and water and it is nearby public transportation, including a two-minute drive to South Acton Line or Fitchburg via the town’s commuter rail or through the Shirley Commuter Rail, which is six minutes away. The area is also just 32.5 miles or a 55-minute drive away from the Manchester-Boston Regional Airport.
If you would like another option that is less expensive and a little bit smaller than the warehouse mentioned above, the three properties for sale at 100 Park Street may be a good option. They are an industrial condo where the smallest is 1,200 square feet, followed by 1,225 square feet, and the biggest one is 2,400 square feet. All these properties can be yours for only $360,000. They are not sold individually but there are units that you can sell separately with $105 for the condo fee per unit.
The total size of the building is 4,825 square feet and the price was determined based on the price per square foot of $74.61. These properties are close to the I-495 and Route 110 and the town’s commuter rail is just a few minutes away. Utilities include sewer and town water and there is also air conditioning in the office areas.
Meanwhile, if you want to make it simpler and you are willing to pay monthly for the rent, the industrial property for lease at 11 Willow Road may be what you are looking for. It costs just seven dollars per square foot every year and the total measurement of the building area is 27,000 square feet. It is mostly used as a warehouse and there is currently one space available for lease on the first floor.
With triple net type of service and 14,000 square feet of space that you can use as an office area, this deal may just be what you should grab while it is still there. The lease term is also negotiable and you can rent the space that you do not need to other tenants. There are a total of two dock high and two drive-in doors. There is also a gym area with locker rooms.
The building is just off Route 2 to Taylor Street or exit 39 toward Littleton on King Street. There is a property manager onsite and commuter rail is just seven to nine minutes away by car. The Manchester-Boston Regional Airport is also less than an hour away.
Some Retail Spaces in Ayer MA
Just like with office spaces in this town, retail spaces are scarce but you can always find one or two every week. An example is the property for lease at 1 Bishop Road where there are multiple spaces that you can rent with the rates ranging from $9 to $13 per square foot. The minimum divisible area is 2,000 square feet and the total leasable area is 6,000 square feet.
The building has been used for auto repair shops as well as construction and home electronics but you can use it for your retail business. It has a lease term of three years. There are two spaces available for rent and the first one is more suitable for your retail shop as it is on the ground floor.
The other leasable space is on the second floor and you can rent it as well for your office if you would like. You can also take it as an expansion of your retail store. The building is ADA compliant and comes with a kitchenette and showroom or office.
There is also a garage bay in the building with gas oil separator and floor drain. Shower rooms and security system are both available, along with second-floor access using fork truck. There is the addition of 4,200 square feet of space in this site and it was entirely remodeled in 2006. Signage is also provided, which can be helpful since the location is not biker and walker friendly. Nevertheless, you do not have to worry about customer traffic since Park Street has always been known to be a busy area.
If you would like a retail space for sale instead of leasing it and paying for it every month, an option is located at 38 Littleton Road. For $1,999,900, you can purchase this two-story building that was constructed in 1987. It is built for retail purposes and can be used by the owner for his or her business. The lot size is 1.88 acres with a leasable area of 6,537 square feet and a parking ratio of 7.01 per 1,000 square feet of space.
It is a freestanding building zoned as general commercial. Therefore, you can start a restaurant, bar, club, or any type of retail business here. You have two lots that measure a total of two acres, so you have plenty of space for your establishment. Plus, you have a huge parking room that can accommodate up to 80 cars.
It is currently operating as a restaurant and bar and almost all pieces of furniture and equipment will stay. If you are in the same industry, you will definitely find that helpful. There are also two levels and a basement that comes with walk-in freezers or coolers. If you purchase the property, you will also get a full kitchen where most of the commercial appliances that are there right now will remain. The site is relatively turnkey but the business or the name of the company is not for sale. However, the alcohol license can be transferred to the new owner.
The building also has an elevator lift and handicap access, but the landlord has disclosed that this feature may need repair. There are no sprinklers but there is a 24-hour smoke alarm and a property manager you can contact onsite.
What’s more, the area is quite busy as it is right at the State Highway 2 Alternative Road off Route 495 to 110 West. The traffic from Harvard Road, Sandy Pond Road, and State Route 2 can also help your business flourish.
Aside from the mentioned retail spaces, there are a few more, including the one at Route 2A, which is still not built but will come with two freestanding pad sites, along with a retail strip center. There is already an existing building where Shop ‘n Save takes 24,000 square feet of space. The pad site that is being developed will include a drive-thru, which makes it perfect for a bank or fast food.
There will also be a second pad that will approximate take 7,000 square feet of space, which can be used for different retail businesses such as restaurant, auto parts, medical, and fitness center. Everything has been fully approved, so the construction is ready to commence anytime soon.
The town is indeed growing. Although there is not enough inventory in office space, there are many industrial properties that can be turned into a good site for office and even retail.
Click Here to View Today's
Commercial Property List