Pepperell, MA Commercial Real Estate for Sale and Lease

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What to Expect

This Middlesex County town is located about 45 miles northwest of Boston. At the time of the 2010 Census, it had a population of roughly 11,500. In terms of commercial real estate, it has a little bit of everything. Whether you need retail, office or industrial space, or if you are leasing or buying, finding suitable options is a breeze with our search feature.

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Located along the border of New Hampshire in Middlesex County, Massachusetts, this town of 11,497 claims 22.6 square miles of land within the city limits. Investors who are seeking a moderately dense area that is full of well-preserved period architecture, including covered bridges, and magnificent woodlands will do well to buy or lease property here. The region includes the village of East Pepperell, which is full of charming but busy town squares and streets.

The area is known for its recreational events and areas, including a slew of youth-related sporting events, as well as the Nashua River Rail Trail, the Stewart Brook Conservation Area, the Gulf Brook Conservation Area, the Heald Pond Conservation Area, the Nissitissit Meadows, a Skate Park, and the Friends Park at Town Field. Skydiving is also a favorite past time here, giving the area healthy mix of diversions. The Nashua River forms one boundary of the town, and leads to the J. Harry Rich State Forest. Just northeast of this forest is where the village of East Pepperell is located.

By car, the area can be reached by Route 113, Route 111, and Route 119. There is no MBTA Commuter Rail line stop in town.

The natural scenery in this area gives commercial lots of land an unusually beautiful backdrop. Small changes in elevation mean that not all lots are completely flat. The commercial lot at 97-A Townsend Road has been zoned for residential development, and consists of 10.44 acres of rolling meadow with old growth trees and vintage stone walls. Approximately eighty percent of the land is cleared, and a house and barn currently the occupy the property. The lot has been visualized as a five lot subdivision with 1.8 acres in each plot, each of which would have its own road. The sale price for this lot has not been made available.

Another residential development opportunity can be found at 21 Jersey Street, which offers a 60.01 acre parcel close to downtown East Pepperell. The roads, water, sewer, electricity and gas either already exist on the property or will be provided by the city. The parcel is technically located in two municipalities, and consists of 27 single family lots bundled as a package. The price for this property is $2,000,000.

The lot at 120-126 Main Street is located in the heart of East Pepperell, and consists of a 0.35 acre lot of commercially zoned land. This is an ideal opportunity for a redevelopment project; the plot currently has a four unit residential building onsite, with a slight slope toward the back of the property. The site is perfect for a multi-story mixed use development, and is within walking distance of numerous urban amenities. The sale list price for this property is $599,000.

Meanwhile, the 49 acre parcel at 161 Nashua Road offers an incredible opportunity for a commercial developer interested in creating a composting facility. The current permitted size for the central building is 55,000 square feet, with a seperate 7,500 square foot building on the property. Only five miles from Route 3 with riverfront views, this parcel is an excellent choice for the right investor. The sale price for this lot has not been disclosed.

The parcel at 85 Main Street is located between central Pepperell and East Pepperell, and offers 1.00 acre of prime, commercially zoned land. The sale price for this parcel is $100,000.

Office Space Market

This market is ready for development. Aside from a few boutique spaces in downtown that rarely come up for sale or lease, the majority of available office spaces exist within industrial sites, such as the property at 24 Lomar Park Drive. Located off Route 111 near the Nashua River, the 15,000 square foot structure is styled as a warehouse with 16 foot ceilings. There is a loading dock on the premises. The available unit is 6,300 square feet in size, and has an open floor plan that could work for an innovative technological start-up business or other creative office. With an onsite parking lot and cement block construction, this property has a solid exterior and high accessibility. Built in 2006, the available unit has a sale list price of $850,000, or $134.92 per square foot.

The 190,000 square foot complex at 20 Mill Street features onsite landscaping, a fitness room, a shared conference center, a parking lot, and an outdoor courtyard. There are several office suites available for lease ranging in size from 250 square feet to 38,119 square feet. Many of these suites come with loading doors and large windows. The estimated rent for this facility is $0.29 to $1.10 a square foot per month.

Retail Space Market

Multi-story complexes make up the bulk of the retail market in this area. The property at 27-29 Hollis Street is an excellent example of this. Built in 1974, the two story brick building has 12,000 square feet of leasable area on a 1.83 acre lot near the center of downtown. An ample parking lot surrounds the structure, which features tiled floors and bright interiors with wood trim. Currently an auto dealership, this property is officially listed as a redevelopment project, and is perfect for an investor who wishes to make an acquisition in prime territory. With a full kitchen and a marvelous open floor plan, this building can either be transformed into an innovative new project or cleared to make new for a vibrant new structure. The price for this property has not been disclosed.

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