31 1St St, Lowell, MA 01850
25,730 SF | 33% Leased | Industrial Building | Lowell, MA 01850 | $2,495,000 ($97/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,495,000
- Property Type
-
Industrial
- Price / Square Foot
- $97
Listing Contacts
Fred Faust
Verified Profile
Vlad Saldana
Verified Profile
- Property Info
Property Overview
Prime opportunity for investor/user awaits with this well-located, mixed-use commercial property with upgraded roof, systems, and display areas. The second deeded adjacent lot includes a surface parking lot. Featuring retail income, this visible property offers flexibility and multiple uses, including opportunities for additional income. Auto parts retail store of 8,500 SF holds a three-year triple net lease. See summary of lease terms and attached floor plans. The balance of the building contains light manufacturing, assembly, and warehouse space, including a garage bay with potential for expansion.
Other features include:
Reception/ display areas, kitchen, and conference room. Roof, HVAC, and fire protection systems were recently replaced as part of prior renovations. A recent 21E report and history is also available.nFor an existing business or future investment, 31 First Street Boulevard should be seen to be fully appreciated.
Other features include:
Reception/ display areas, kitchen, and conference room. Roof, HVAC, and fire protection systems were recently replaced as part of prior renovations. A recent 21E report and history is also available.nFor an existing business or future investment, 31 First Street Boulevard should be seen to be fully appreciated.
Property Details
- Class
- C
- Year Built/Renovated
- 1920/2021
- Stories
- 1
- Property Subtype
- Distribution, Storefront Retail/Office
- Lot Size (sq. ft)
- 35,719 SF
Highlights
- Heavy foot and vehicle traffic.
- Open plan, flexible.
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