31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
31 First Street Boulevard, Lowell, MA 01850
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 2,590,000
Est. payment | /mo

25,535 SqFt

Save
$ 2,590,000
Est. payment | /mo
Save

25,535 SqFt

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.

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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31 First Street Boulevard

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