$2,590,000

31 First Street Boulevard, LOWELL, LOWELL, MA 01850

0Beds
-Baths
25,535Sq Ft
1920Built
HomeType

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

Listing
For sale
MLS #
73512139

Location

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Nearby

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