$2,590,000
( $101.43Per Sq Foot )
 $13,904 est/mo Sourced by Back At You

31 First Street Boulevard,Lowell, MA 01850

Lowell, MA 01850

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Description

Well-maintained, recently upgraded light industrial/retail/office building offering in-place income with upside. Approximately two-thirds of the property is leased to a national tenant under a 5-year NNN lease for warehousing and inventory, with additional space available for lease or owner occupancy. Warehousing (leased): 18,335 SF, Retail/Office (available): 5,000+/- SF, Rear warehousing/storage (available): 2,000+/- SF. Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades-helping reduce near-term capital needs for new ownership. Located on a high-visibility state highway with strong access and on-site parking. An ideal opportunity for investors seeking stable cash flow with additional leasing/occupancy upside, and for owner-users who can occupy available space while offsetting ownership costs with income from the existing cash flow.

Details

MLS #73512139
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site146
Listing Provided ByThe Edge Group, Inc. | Vladimir Saldana

Features

SQ Feet25,535
ZoningCA
Acreage1.23

Utilities

UtilitiesPublic Water, Public Sewer, Natural Gas Available, 220 Volts, Three Phase

Taxes

Tax Annual Amount32052
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityLowell
Zip Code01850
AreaMiddlesex
Listing VS Median (in 01850)
Price:
$2,590,000
low | high
Med:
$522,450
100% of Average
sqft:
25,535
low | high
Med:
2,537
100% of Average
$ / sqft:
$101
low | high
Med:
$247
93.028214812077% of Average
On site:
146
low | high
Med:
73.5
100% of Average
Sourced by Back At You

Market Activity 01850

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyMiddlesex
CityLowell
Zip Code01850
AreaMiddlesex
Listing VS Median (in 01850)
Price:
$2,590,000
low | high
Med:
$522,450
100% of Average
sqft:
25,535
low | high
Med:
2,537
100% of Average
$ / sqft:
$101
low | high
Med:
$247
93.028214812077% of Average
On site:
146
low | high
Med:
73.5
100% of Average
Sourced by Back At You
Listing Updated: September 22, 2026 at 11:05:00 AM PDT