31 Ac Parcel by Power Retail Center

Property Description

RI Marketplace Online Auction April 28-30, 2025

Register to bid on Marketplace:

Marcus & Millichap is pleased to present a ±31.13-Acre parcel adjacent to a retail power center adjacent to 120 Watertower Place in Leominster, Massachusetts (the “Property”). The Property is in a robust trade area near a mix of industrial, residential, and retail demand generators. Nearby retailers include Hannaford Supermarket, Petco, Barnes & Noble, T.J. Maxx, Visionworks, Famous Footwear, Longhorn Steakhouse, Applebee's, Marshalls, HomeGoods, Home Depot, and more. The Property benefits from C, Commercial Zoning with flexible uses permitted including retail, office, medical, restaurant, hotel, and many more.

Leominster, located in Worcester County, is a thriving city with a strong manufacturing base, a growing retail sector, and strategic access to the Greater Boston Msa. Leominster serves as a key commercial and industrial hub in North Central Massachusetts. The city is 40 miles northwest of Boston and 20 miles north of Worcester, benefiting from regional economic growth. The city's prime location enjoys regional connectivity with commuter rail access to Boston, direct access to Route 2 and I-190, which connects I-495 to I-90 (Massachusetts Turnpike). The Property is poised to benefit from its location in a high traffic area with ±82,545 vehicles per day passing the site daily on Concord Turnpike (George W Stanton Hwy), Hamilton Street, and N Main Street. The Property is in an expanded trade area that serves ±96,474 people with an average household income of ±$92,838 within a 5-mile radius.

Lamar P. Fisher

Fisher Auction Company Inc.