Littleton, MA Commercial Real Estate for Sale and Lease
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What to Expect
This small town has a population of roughly 8,900 and is located approximately 40 miles northwest of Boston in Middlesex County. At any given moment, numerous commercial properties, including office space, retail space and industrial space, are up for grabs. Find ones that meet your criteria by searching our listings.
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Incorporated in 1715, this town in Middlesex County, Massachusetts has a population of 8,924 and offers a variety of investment opportunities fueled by its tight-knit yet forward-looking community. Several large corporations, including IBM, make this area their home. A spate of housing development has occurred on old farms and horse stables, and a substantial new retail development, known as The Point, has recently opened its doors. Located roughly 40 miles outside of Boston, the town has a total square mileage of 17.6, of which 16.6 square miles are land. The town’s public library has been in continuous operation since 1887.
Public green spaces and recreation areas include Long Lake Park and its adjoining pond, as well as the Oak Hill Conservation Site, the Whitetail Woods, and the Newton Hill Conservation Area. The town borders the Forge Pond, which offers excellent waterfront property opportunities.
In terms of transit, the area is served by several main transportation arteries, including Interstate 495, Route 119, Route 2A, Route 110, and Route 2. The MBTA Commuter Rail Fitchburg Line has a station here just off a major exit of Interstate 495. Several bus routes, including the MART, provide service to the downtown and outlying areas.
Large swaths of commercially zoned land occasionally are available for purchase, such as the lot at 2 Monarch Drive. Consisting of 23.85 acres, the property is zoned for industrial uses, but could be developed into a creative commercial venture. A technology park currently occupies this space, which is only 0.8 miles from the MBTA Commuter Rail station. The purchase price for this property has not been publicly disclosed. Several major new office space developments, including the 160,000 square foot property at 225 Taylor Street, will be built in the coming year.
Office Space Market
The office space market is fairly competitive in this area, as so many corporations have built their headquarters or principal research divisions here. Typical spaces range from office complexes to specially retrofitted one to two story structures located close to downtown. The property at 20 Meetinghouse Road is zoned for both office and residential use. With 5,077 square feet, the structure offers separate entrances, a full suite of utilities, and adaptable spaces depending on the owner’s needs. Two full fireplaces, a chef’s kitchen, and a roomy front foyer make this space both practical and homey. The sale list price for this property is $995,000.
Just down the street is the office space at 6 Meetinghouse Road, which once again has the appearance of a single family home on an ample lot. Located within easy walking distance of downtown, this 1,400 square foot property is perfect for a small business. The building’s interior is very configurable, as it is ready for custom fit-up. The price for this property is $399,000.
Those who are seeking slightly more square footage in a traditional office complex will enjoy the property at 305 Foster Street, which offers 80,065 square feet. Built in 1984, this multi-story complex has a grand front lawn, clearly visible street signage, an upper and lower lobby, elegant banks of windows, and an open space office plan. Situated within close distance of Interstate 495, the complex has a number of differently sized suites available for lease. A cafe and fitness center are onsite. The estimated rent for this property ranges from $1.08 to $1.25 a square foot per month.
Medical office space is available at 255 Great Road, which was built in 1999. The 20,725 square foot facility is built in a colonial style, and features two stories of both customized office space and retail. Located about one mile away from Interstate 495, the property offers easy accessibility and onsite parking. With tall ceilings and different build-out options, the structure’s estimated rent ranges from $1.00 to $1.25 per square foot per month.
The 100,855 square foot property at 1 Monarch Drive offers a variety of different sizes of office space, along with shared amenities such as a fitness center, a patio, a volleyball court and a full service cafeteria. Located off Route 2 and Interstate 495, and only 1.4 miles from the MBTA Commuter Rail line, the building is easily accessible. A lush, landscaped campus surrounds the structure. Built in 1986, the rent for this building has not been publicly disclosed.
Retail Space Market
The retail market is town has been substantially shaped by several new anticipated developments, including The Point. Many retail spaces available for lease or purchase have locations close to downtown that are easily accessible by major thoroughfares. The property at 222 Great Road, which is styled as a retail complex, offers tenants excellent storefront windows and a brick colonnade. The 30,000 square foot structure was built in 2007 and is located off Route 2A. The estimated rent for this property has not been publicly released.
The freestanding retail at 607 Constitution Avenue offers 35,000 square feet of relatively configurable space. Built in 2015, this relatively new structure is sited in the center of a parking lot and offers a variety of different sizes of suites, each with prominent storefront display windows. The complex abuts a small grove of trees, making it both scenic and highly accessible to Interstate 495. The rent for this property has not been disclosed.
Configured for use as a movie theatre, the retail space at 495 Great Road has a total gross leasable area of 140,000 square feet. Built in 2017, many of the suites available for lease can be built-out to tenant specifications. With a centralized parking lot located next to many other retail properties, the spaces are ideal for businesses that want to cater to high amounts of foot traffic. The estimated rent for this property is $3.50 per square foot per month.
Commercial Development News
Located right off Interstate 495, a new development known as “The Point” marks a substantial addition to this city's stock of real estate. The project includes 540,000 square feet of mixed-use retail, 400,000 square feet of cinema, retail, and restaurants, and a 115 room hotel. The development is one of the most significant in the area and is expected to draw a number of high-profile tenants, companies, and traffic. Depending on the success of the project, other sectors including housing may experience considerable growth. Portions of this project were open to the public at the beginning of 2018.
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Commercial Property List