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$2,590,000
31 First Street Boulevard, LOWELL, LOWELL, MA 01850
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 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 details
- MLS #
- 73512139
- Property type
- Home
- Year built
- 1920
- Interior
- 25,535 ft2
- Status
- Active
- Listed by
- Boston Realty
Listed 8 days ago
Facts & features
Location
Nearby
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