Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    160 Stedman St Lowell, MA 01851

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    26,400 SF flex building 100% net leased.

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Taylor Saulnier, Ccim
    Source: Masscommercialproperties

    Listing Agent: Taylor Saulnier, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Flex Building Net Leased

    The property at 160 Stedman Street is a 26,400 square foot split-faced block, flex building. The two-level facility houses Mar Cor Purification’s specialized water products manufacturing business. The building allows Mar Cor to operate their office, manufacturing, and shipping/receiving all from one location. The property has undergone nearly $1,000,000 in tenant improvements and features a waste water license from the City of Lowell. Originally built for use as a retail and warehouse facility by H + H Paper, it was later converted to an industrial facility in 1997. The property offers access to the interstate 495 and Route 3 corridors, providing speed to market and employee accessibility. The property is 100% net leased by Mar Cor Purification until April 30, 2021. Mar Cor has verbally expressed interest in renewing in 2021 and has invested approximately $1M into the premises. A new roof was installed in 2017, HVAC in 2018, and parking lot in 2018. The tenant has a waste water discharge permit from the City of Lowell.
    Location Intelligence

    Current Use by Public Records

    Mar Cor Purification ... Business To Business Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3507514
    Latitude
    42.6251966

    Nearby Similar for Sale

    • $875,000
      3,378 SF

      Well-Maintained Lowell Triplex For Sale

      Three-unit property in Belvidere, ideal for investors or owner-occupiers.
      313 Nesmith St, Lowell, MA 01852
      View Details
    • $749,900
      3,003 SF

      Spacious Lowell Triplex with Garage

      Three-family residence in Lowell, ready for occupancy.
      89 Mammoth Rd, Lowell, MA 01854
      View Details
    • $795,000
      3,774 SF

      Lowell Mixed-Use Investment Opportunity

      Mixed-use property with commercial space and residential unit in Lowell.
      525 Chelmsford St, Lowell, MA 01851
      View Details
    • $1,300,000
      7,178 SF

      Mixed-Use Building Near UMASS Lowell

      Five-unit mixed-use building with retail space and residential units.
      169-171 Salem St, Lowell, MA 01854
      View Details
    • $895,000

      Updated Restaurant Space in Lowell

      Turnkey restaurant in vibrant downtown Lowell with modern upgrades.
      197 Market St, Lowell, MA 01852
      View Details
    • Contact for pricing

      Multi-Tenant Suburban Property For Sale

      100% leased multi-purpose property with recent updates and income potential.
      1703 Middlesex St, Lowell, MA 01851
      View Details
    • Contact for pricing

      Lowell Mixed-Use Repositioning Opportunity

      Two-story building in vibrant area, ideal for medical, office, retail.
      Lowell, MA 01854
      View Details
    • $2,400,000

      Downtown Lowell Office Building For Sale

      26,963 SF office building on 0.45 acre corner lot.
      89 Appleton St, Lowell, MA 01852
      View Details
    • $1,015,000

      Flex/Office Space Available

      Flex/office space for sale.
      491 Dutton St, Lowell, MA 01854
      View Details
    • $549,999

      Spacious Manufacturing Property For Sale

      30,000+ sq ft manufacturing space with loading dock.
      71 Willie St, Lowell, MA 01854
      View Details
    • $400,000

      Lowell Warehouse with Offices

      Warehouse with three offices and separate entrance for sale.
      774 Dutton St, Lowell, MA 01854
      View Details
    • Contact for pricing
      4,000 SF

      Retail/Office Building For Sale

      Retail/Office building with heavy traffic and ample parking.
      585 Pawtucket Blvd, Lowell, MA 01854
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 26,400 SF flex building 100% net leased.
    Where is this manufacturing property located?
    The property is located at 160 Stedman St Lowell, MA.
    What are key features of this property?
    This property features: - 100% net leased to Mar Cor Purification, providing immediate income.; - Approximately $1,000,000 in tenant improvements.; - Difficult-to-obtain waste water license from the City of Lowell.
    (617) 510-7035
    Request Owner's contact information
    160 Stedman St Lowell, MA 01851
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    160 Stedman St
    Lowell, MA 01851
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    160 Stedman St Lowell, MA 01851
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Taylor Saulnier, Ccim
    (617) 510-7035
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!