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12071358
33158325

4 Preston Ct, Bedford, MA 01730

JC
MA MA 9048314, NH NH 072456
MANSARD
Listed by MANSARD
$5,295,000
1069 days on market
Updated 38 days ago

24,751 +/- SF R&D/Medical Investment Opportunity (29153936)

Details
Property Type Office, Industrial
Sub Type Medical Office, R&D
Square Footage 24,751
Net Rentable (SqFt) 13,280
Units 5
Occupancy 68%
Tenancy Multi
Lease Type Modified
Broker Co-Op No
Class B
Year Built 1974
Year Renovated 1999
Buildings 1
Stories 2
Acreage 1.380
Zoning IND-B
Parking Spaces 3.64 per 1,000 sq ft
Ground Lease No
Ceiling Height 11

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.

Listing Contacts

JC
MA MA 9048314, NH NH 072456
MANSARD
Listed by MANSARD

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Zoning

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I-B IndustrialIndustrial B
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Last updated Mar 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jeremy Cyrier, CCIM, CRE
License
MA 9048314
Brokerage Phone
617-674-2043
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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