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31 First Street Boulevard

Lowell, MA 01850
$2,590,000
25,535 Living Area
  • 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.
  • Highlights
    • Acres: 1
    • Year Built: 1920
    • Property Class: Commercial Sale
    • Status: Active
  • Additional Details
    • Zoning: Ca
    • Zoning Description: Legal Conforming
  • Fees / Taxes
    • Tax Year: 2025
    • Taxes: $32,052

Location

31 First Street Boulevard, Lowell, MA 01850

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