

24,751 +/- SF R&D/Medical Investment Opportunity (29153936)
24,751 +/- SF R&D/Medical Investment Opportunity | Route 128
Marketing 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 mental 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.
The location delivers immediate access to one of New England's deepest talent pools, with approximately 16,053 highly skilled professionals within a 3-mile radius. Corporate neighbors include Thermo Fisher Scientific, Stoke Therapeutics, Diversified Technologies, Cubic PV, and UCB. The property is surrounded by conservation land, is steps from the Minuteman Bikeway, and sits minutes from Hanscom Air Force Base. Direct access to Routes 2, 3, 128/I-95, and 225 ensures seamless regional connectivity.
For the owner-user or investor, 4 Preston Court represents a rare opportunity to secure a flagship presence in one of Massachusetts' most resilient and in-demand industrial R&D submarkets.
Investment highlights
- Building Size: 24,751 +/- SF (Two-Story Flex/R&D)
- Zoning: IND-B (I2) – Ideal for R&D, Medical Office, and Light Manufacturing
- Target Profile: Perfect for an Owner-User to occupy 50-60% while retaining income-producing tenants.
- Current Tenancy: Diverse mix including mental health professionals and R&D firms.
- Infrastructure: Heavy-duty 4,500 lb. passenger/freight elevator.
- Location: Adjacent to the Hartwell Avenue Life Science Corridor; minutes from Hanscom AFB.
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