31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
20
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$2,590,000
Est. payment /mo
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25,535 SqFt
Active

31 First Street Boulevard Lowell, MA 01850

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 25,535 sqft

Price per Sqft $101

MLS Listing ID 73512139

HOA Y/N false

Year Built 1920

Annual Tax Amount $32,052

Tax Year 2025

Lot Size 1.230 Acres

Acres 1.23

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.

Location

State MA

County Middlesex

Zoning CA

Direction VFW Highway East or West to parking lot entry nearest to Bridge Street.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts, Three Phase

Others

Senior Community false

Listed by The Edge Group, Inc.
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury

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+1(508) 838-6956

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.