MA
Middlesex
Lowell
01850
31 First Street Boulevard
31 First Street Boulevard, Lowell, MA 01850
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Listing Type
Commercial/Industrial
Listing Status
Active
20
$2,590,000

Home Details for 31 First Street Boulevard

Price
$2,590,000
Type
Commercial Sale
Square feet
25435
Year built
1920
Lot size acres
1.23
County
Middlesex
Days on site
1
MLS Listing#
73512139
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.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: The Edge Group, Inc. - 978-458-8822
Presented by: Vladimir Saldana
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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