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Downtown Office Suite
For Lease
$750/Mo

1 Merrimack Street #320/321, Lowell, MA 01852

Third-floor office suite with two offices and elevator access in a downtown building.

Property Size422 SF
Days on Market60

Property Features for 1 Merrimack Street #320/321

General Information

Standard status Active
Size 422 SF

Amenities

elevator access
parking garage
public transportation line

Building Details

Year Built 1880
Listing Agency: Merrimack Realty Group, Chelmsford
Listed By: Timothy R Shanahan
Source: 413realestate
Added: Jun 4 Changed: Jul 22 Last Checked: Aug 1 at 3:29AM

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 Merrimack Realty Group, Chelmsford

Investment Insights

Based on property information with market context.

This leased office suite includes two offices within a space measuring just over 420 square feet and is located on the third floor. The suite is served by elevator access for tenant convenience.

The building is positioned in a downtown area, with proximity to a parking garage and access to public transportation.

Additional office suites may be available in smaller or larger configurations, with the property able to accommodate a range of office space needs.

Key Highlights

  • Office suite for lease in a downtown building built in 1880
  • Third‑floor space with elevator access
  • Includes 2 offices and over 420 sq ft

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Skin Care Clinic HVAC Service Acupuncture (Bike/Boat/Book/etc) Store Florist Veterinary Clinic

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
$3.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,960
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

$18.97 /SF/Yr
Avg Asking Price
$10–$41.25 /SF/Yr
Price Range
4,038 SF
Avg Space Size

This space is priced 12% above the average of $18.97 /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
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor office suite with two offices and elevator access in a downtown building.
Where is this office units located?
The property is located at 1 Merrimack Street #320/321 Lowell, MA.
What is the lease rate?
The lease rate is $750 /Mo.
What are key features of this property?
This property features: Office suite for lease in a downtown building built in 1880; Third‑floor space with elevator access; Includes 2 offices and over 420 sq ft
More about this property
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