Move-In Ready Office
For Sale
Contact for pricing
1201 Westford St Unit U-1, Lowell, MA 01851
Second-floor office suite with five private offices, open work area, dedicated restrooms, and on-site parking.
Property Size2,326 SF
Price / SF$1.03
Days on Market102
Property Features for 1201 Westford St Unit U-1
General Information
Standard status
Active
Size
2,326 SF
Property subtype
Commercial
Site & Location
Neighborhood
Highlands
Highway Access
Yes
Road Access
Yes
Amenities
on-site parking
Building Details
Year Built
1977
Listing Agency:
Keller Williams Boston MetroWest
(508) 877-6500
Listed By:
Tuyen Tran
(413) 275-2920
Source:
Lockandkeyre
Added: Jul 17
Changed: Oct 25
Last Checked: Oct 24 at 5:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Boston MetroWest
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Investment Insights
Based on property information with market context.
This move-in-ready second-floor office suite is designed for professional use, featuring a layout with five private offices, a generous open work area, a central hallway, and dedicated restrooms. The suite also includes a private kitchen area for staff use and practical client-facing needs.
The property is located on Westford Street in Lowell’s Drum Hill business district, with convenient access to Route 3 and I-495 for both staff and clients. On-site parking is available.
With large windows throughout, the suite is bright and well-suited for tenants seeking a flexible interior configuration supported by multiple private rooms and a central common area.
The property is located on Westford Street in Lowell’s Drum Hill business district, with convenient access to Route 3 and I-495 for both staff and clients. On-site parking is available.
With large windows throughout, the suite is bright and well-suited for tenants seeking a flexible interior configuration supported by multiple private rooms and a central common area.
Key Highlights
- Move‑in‑ready 2nd‑floor office suite offering 2,045.76 SF of flexible professional space
- Includes five private offices plus a generous open work area and a central hallway
- Dedicated restrooms for the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,178
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,560
$843.6K
Cap Rate 7%
$602,543
$602.5K
Cap Rate 9%
$468,644
$468.6K
Market Conditions
NOI Build-Up for 2,326 SF
Gross rent
$72.6K $31.20/SF
− Vacancy
−$16.3K −$7.02/SF
EGI
$56.2K $24.18/SF
− OpEx
−$14.1K −$6.05/SF
NOI
$42.2K $18.13/SF
Area
Lowell, MA
Vacancy
22.50%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,560
Cap Rate 7%
$602,543
Cap Rate 9%
$468,644
Alternative Uses
Best Use
Office B
$602.5K
$527.2K – $703.0K
NOI $42,178 @ 7.0% cap · market cap 1,757.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$818.6K
$716.3K – $955.0K
NOI $57,301 @ 7.0% cap · market cap 2,387.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,284
Businesses Nearby
Explore this area
Business Placement
Demographics for 01851, MA
32,691
Population
11,759
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
10,216
Density / Sq Mi
$87,962
Median Household Income
$46,388
Median Earnings
$1,686
Median Rent
$432,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office suite with five private offices, open work area, dedicated restrooms, and on-site parking.
Where is this office unit located?
The property is located at 1201 Westford St Unit U-1 Lowell, MA.
What are key features of this property?
This property features: Move‑in‑ready 2nd‑floor office suite offering 2,045.76 SF of flexible professional space; Includes five private offices plus a generous open work area and a central hallway; Dedicated restrooms for the suite
