$2,590,000

Est. Mortgage $12,758/mo *

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31 First Street Boulevard, Lowell, MA, 01850

31 First Street Boulevard, Lowell, MA, 01850
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1920

25,435 sqft

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.

Status:

Active

Type:

Commercial

Zoning:

CA

Acreage:

1.23

Est. Taxes:

$32,052

Utilities

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

MLS #:

73512139

Community Info

School Info

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Listing courtesy of Vladimir Saldana, The Edge Group, Inc. 978-458-8822