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Downtown Office Suite with Private Entry
For Lease
$12 SF/Yr

27 Prescott St 2, Lowell, MA 01852

Suite 2 offers a private entrance, reception, multiple offices, conference space, and modern amenities for professional use.

Space SizeContact for details
Days on Market54

Property Features for 27 Prescott St 2

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1826
Listing Agency: LAER Realty Partners
Listed By: Siborak Ponn
Source: Elliman
Added: Jun 20 Changed: Jul 10 Last Checked: Aug 12 at 6:03AM

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 LAER Realty Partners

Investment Insights

Based on property information with market context.

This listing presents Suite 2 within the 27 Prescott Street building, offering approximately 4,000+/- square feet of office space designed for professional, creative, and technology users. The unit includes a private entrance, reception area, five large offices, a conference room, a filing room with movable shelves, and a networking room. A modern restroom and a convenient kitchenette support day-to-day operations. The space also features elevator access and flexible design options to help tenants tailor the layout to their workflow.

The building is situated in Lowell’s historic downtown district, with convenient access to local shops, dining, and transportation. The reported Walk Score is 98, reflecting a walk-friendly setting, and the reported Transit Score is 60. The reported Bike Score is 49, indicating the area is somewhat bikeable.

Suite 2 is a strong fit for organizations that want a dedicated office layout with both collaboration and focused work areas. With a reception component, multiple private offices, and a dedicated conference room, the configuration supports client-facing teams as well as internal departments. The building can also accommodate additional office space on Unit 3 if a larger footprint is needed.

Key Highlights

  • Unit 2 is 4,000 +/- SF of office space in the heart of Lowell’s historic downtown district
  • Private entrance leads to a reception area plus 5 large offices
  • Includes 1 conference room, 1 filing room with movable shelves, and 1 networking room

Property Analytics

Current Use

NFI Family Resource ... Family Counselor

Suggested Use

Top Pick Skin Care Clinic Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,370
Businesses Nearby

Demographics for 01852, MA

36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value

Market

Lease Benchmarks for Lowell, MA

$17.11 /SF/Yr
Avg Asking Price
$10–$39.43 /SF/Yr
Price Range
6,620 SF
Avg Space Size

This space is priced 30% below the average of $17.11 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Suite 2 offers a private entrance, reception, multiple offices, conference space, and modern amenities for professional use.
Where is this office units located?
The property is located at 27 Prescott St 2 Lowell, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Unit 2 is 4,000 +/- SF of office space in the heart of Lowell’s historic downtown district; Private entrance leads to a reception area plus 5 large offices; Includes 1 conference room, 1 filing room with movable shelves, and 1 networking room
More about this property
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