Dental Medical Office
149-155 Market Street Lowell, MA 01852
149-155 Market Street, Lowell, MA, 01852
$925,000
For Sale
$925,000
Modern one-floor masonry building with storefront and a full basement supporting a fully equipped dental practice.
Property Size3,276 SF
Price / SF$282.36
Days on Market72
Property Features for 149-155 Market Street
General Information
- Standard status
- Active
- Size
- 3,276 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1880
Listing agency
The Edge Group,Inc.
Listed by
Fred D. Faust
(413) 768-9848
Source
Wandamooney
Added: May 11 Updated: Jul 20 at 11:40PM Checked: Jul 21 at 6:32AM
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 fully leased, one-floor masonry medical office is equipped and operating as a dental practice. The interior includes a waiting room, reception area, 10 operatories, a hygiene area, a business office, and two bathrooms. A full basement provides additional space that can be used for files and storage. The building also includes a storefront and windows on all sides.
The property is located on Market Street in Lowell, MA. Tenant occupancy is in place, and the lease provides two (2) years remaining, plus two (2) additional five (5) year renewal options.
For qualified parties, a lease summary and income and expense report will be made available upon signing of a non-disclosure agreement.
The property is located on Market Street in Lowell, MA. Tenant occupancy is in place, and the lease provides two (2) years remaining, plus two (2) additional five (5) year renewal options.
For qualified parties, a lease summary and income and expense report will be made available upon signing of a non-disclosure agreement.
Key Highlights
- Fully leased commercial property operated as a dental practice with waiting room, reception, business office, and 2 bathrooms
- Dental setup includes 10 operatories plus a hygiene area and office space
- Modern one‑floor masonry building with storefront and windows on all sides
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.1k | $33.60 |
| − Vacancy | −$7.7k | −$2.35 |
| EGI | $102.4k | $31.25 |
| − OpEx | −$40.9k | −$12.50 |
| NOI | $61.4k | $18.75 |
3,276 SF · lease $33.60/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$877.4K
$767.8K – $1.02M
NOI $61,421 @ 7.0% cap · market cap 6.64%
Second Best
Office B
$848.7K
$742.6K – $990.2K
NOI $59,410 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,712 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Modern one-floor masonry building with storefront and a full basement supporting a fully equipped dental practice.
Where is this medical office space located?
The property is located at 149-155 Market Street Lowell, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Fully leased commercial property operated as a dental practice with waiting room, reception, business office, and 2 bathrooms; Dental setup includes 10 operatories plus a hygiene area and office space; Modern one‑floor masonry building with storefront and windows on all sides
