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Downtown Office Suite with Private Entrance
For Lease
$13 SF/Yr

27 Prescott St #2, Lowell, MA 01852

Office suite includes private entrance, reception, five offices, conference room, and kitchenette with elevator access.

Space SizeContact for details
Days on Market23

Property Features for 27 Prescott St #2

General Information

Standard status Active
Zoning DMU, Legal Conforming

Taxes and HOA fees

Annual Taxes $7,360

Amenities

private entrance
reception area
conference room
filing room with movable shelves
networking room
modern restroom
kitchenette
elevator

Building Details

Year Built 1826
Listing Agency: LAER Realty Partners
Listed By: Siborak Ponn
Source: Janicemitchellre
Added: Jul 21 Changed: Aug 8 Last Checked: Aug 11 at 1:31PM

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.

Unit 2 at the 27 Prescott Street building offers a private entrance and a flexible interior layout for professional, creative, and technology users. The suite features a reception area, five large offices, a conference room, a filing room with movable shelves, and a networking room. Additional amenities include a modern restroom and a convenient kitchenette.

The building is located in Lowell’s historic downtown district, with convenient access to local shops, dining, and transportation.

Elevator access serves the building, and there is an option to accommodate additional space on Unit 3 if needed.

Key Highlights

  • 4,000 +/- SF office suite in Lowell’s historic downtown district
  • Unit 2 features a private entrance plus reception area
  • Includes five large offices and one conference 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
$1.95 /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 24% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite includes private entrance, reception, five offices, conference room, and kitchenette with elevator access.
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 $13 SF/Yr.
What are key features of this property?
This property features: 4,000 +/- SF office suite in Lowell’s historic downtown district; Unit 2 features a private entrance plus reception area; Includes five large offices and one conference room
More about this property
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