$2,590,000
Active31 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 upgradeshelping 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
Estimated payment
$16,766 / month
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).