Light Industrial Flex
For Lease
$2,590,000 NNN
31 First Street Boulevard, Lowell, MA 01850
Well-maintained light industrial building with in-place income, on-site parking, and recently upgraded roof, HVAC, electrical, and fire protection.
Space SizeContact for details
Days on Market62
Property Features for 31 First Street Boulevard
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$32,052
Building Details
Year Built
1920
Listing Agency:
The Edge Group, Inc
(413) 333-7776
Listed By:
Vladimir Saldana · License #MASSACHUSETTS-9575388
(978) 458-8822
Source:
Ma-cthomes
Added: Jul 6
Changed: Sep 4
Last Checked: Sep 5 at 3:42AM
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 The Edge Group, Inc
Investment Insights
Based on property information with market context.
This well-maintained light industrial, retail, and office building offers a mix of leased and available space. Approximately two-thirds of the property is leased to a national tenant under a 5-year NNN lease for warehousing and inventory, with an additional 5,000+/- SF retail/office area available for lease or owner occupancy. Rear warehousing/storage space is also available at approximately 2,000+/- SF.
Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades. The property is located on a high-visibility state highway and includes on-site parking to support daily operations and customer or employee access.
Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades. The property is located on a high-visibility state highway and includes on-site parking to support daily operations and customer or employee access.
Key Highlights
- Year built 1920 well‑maintained light industrial/retail/office building with in‑place income
- Approximately 2/3 leased to a national tenant under a 5‑year NNN lease for warehousing and inventory
- Leased warehousing: 18,335 SF; additional space available for lease or owner occupancy
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,406
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01850, MA
16,670
Population
6,028
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
83%
High-School Grad
1.4 sq mi
ZIP Area
11,907
Density / Sq Mi
$67,581
Median Household Income
$42,096
Median Earnings
$1,666
Median Rent
$367,200
Median Home Value
Market
Lease Benchmarks for Lowell, MA
$16.48 /SF/Yr
Avg Asking Price
$10–$32.4 /SF/Yr
Price Range
16,180 SF
Avg Space Size
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Omkar Foods — 17 Warren St, Lowell, MA 01852
- Infuse Catering Services — 17 Warren St, Lowell, MA 01852
- Naturel Juicing — 120 Merrimack St, Lowell, MA 01852
- D&C Catering — 755 Lakeview Ave, Lowell, MA 01850
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained light industrial building with in-place income, on-site parking, and recently upgraded roof, HVAC, electrical, and fire protection.
Where is this flex space located?
The property is located at 31 First Street Boulevard Lowell, MA.
What is the lease rate?
The lease rate is $2,590,000.
What are key features of this property?
This property features: Year built 1920 well‑maintained light industrial/retail/office building with in‑place income; Approximately 2/3 leased to a national tenant under a 5‑year NNN lease for warehousing and inventory; Leased warehousing: 18,335 SF; additional space available for lease or owner occupancy
