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Additional details
$5,295,000
Est. payment /mo
24,751 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 24,751 sqft
Price per Sqft $213
MLS Listing ID 73460693
HOA Y/N false
Year Built 1971
Annual Tax Amount $113,915
Tax Year 2025
Lot Size 1.380 Acres
Acres 1.38
Property Description
Rarely available in Greater Boston's most sought-after investment class, 4 Preston Court is a 24,751 +/- SF, two-story multi-tenant R&D/flex building positioned in Bedford's IND-B (I2) zoning district, adjacent to Lexington's prestigious Hartwell Avenue innovation corridor. The property is ideally configured for an owner-user seeking to occupy 50-60% of the building while retaining income from an established, diverse tenant base that includes health providers and R&D occupants.The building features flexible floor plates serviced by a 4,500 lb. capacity passenger/freight elevator, accommodating a broad range of uses including corporate office, R&D, laboratory, biotech, and light manufacturing. Bedford's I2 zoning further supports medical office and out-patient clinic uses by right, making this an exceptionally versatile asset.
Location
State MA
County Middlesex
Zoning IND
Direction Preston Court
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
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Listed by Jeremy Cyrier
Nearby School & Business
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