aisellshomes.space

$2,590,000

Active

31 First Street Boulevard

Lowell, MA, 01850

Commercial · MLS #73512139

Days on market

New today

Lot size

1.23 ac

1.23 acres

Lot

About this home

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.

Property details

Parking
21+ Spaces, Permeable Pavement

Listed by Vladimir Saldana · The Edge Group, Inc.

Schedule a showing

31 First Street Boulevard

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$16,766 / month

Down payment20% · $518,000
Interest rate6.50%

Loan term

Principal & interest
$13,096
Property tax
$2,590
Home insurance
$1,079

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).