About 31 First Street Boulevard
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.
Features of 31 First Street Boulevard
| MLS® # | 73512139 |
|---|---|
| Price | $2,590,000 |
| Square Footage | 25,535 |
| Acres | 1.23 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 31 First Street Boulevard |
|---|---|
| City | Lowell |
| County | Middlesex |
| State | MA |
| Zip Code | 01850 |
Amenities
| Utilities | Public Water, Public Sewer, Natural Gas Available, 220 Volts, Three Phase |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | CA |
|---|
Listing Details
| Agent | Vladimir Saldana |
|---|---|
| Office | The Edge Group, Inc. |