20
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$2,590,000
Est. payment /mo
25,535 SqFt
Active
31 First Street Boulevard Lowell, MA 01850
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 25,535 sqft
Price per Sqft $101
MLS Listing ID 73512139
HOA Y/N false
Year Built 1920
Annual Tax Amount $32,052
Tax Year 2025
Lot Size 1.230 Acres
Acres 1.23
Property 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.
Location
State MA
County Middlesex
Zoning CA
Direction VFW Highway East or West to parking lot entry nearest to Bridge Street.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts, Three Phase
Others
Senior Community false
Listed by The Edge Group, Inc.
Nearby Locations
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