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.
- Disclosure:
- Previous/Current Landlord reference will be Requested/and Conducted, Some photos are AI generated., Pool never used by current owner--sold as is. Washer/dryer (included) on main level--additional hookup for W/D on lower level. Realtor is related to seller., Seller is a Realtor., Sunroom has plywood on floor and is not heated. Neither seller or listing agent makes any representation as to the accuracy of any information herein. Buyer/Buyer Agent to do own due diligence. All appliances remain as gifts from seller. Land is leased not owned. Buyer will need park approval
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- CA
- Orig Price:
- $2,590,000
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Lowell
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01850
- Longitude:
- W72° 42' 33.5''
- Latitude:
- N42° 38' 48.1''
Commercial Sale
31 First Street Boulevard, Lowell, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $2,590,000
- Square Footage :
- 25,435 Sqft
- Year Built :
- 1920
- Lot Area :
- 1.23 Acre
- Listing ID :
- 73512139
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com