Multi-Tenant Suburban Property For
1703 Middlesex Street, Lowell, MA 01851
100% leased multi-purpose property with recent updates and income potential.
Type:Retail
Property size:
40,359 SF- Added:
- Mar 5, 2026
- Days on Market:
- 77
- Last Refresh:
- Apr 5 at 10:15 pm
Property Features for 1703 Middlesex Street
General Information
- Standard status
- Active
- Size
- 40,359 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1983
Listing agent Jeremy Cyrier, CCIM License #MA #9048314 (617) 674-2043
Listing office Mansard Commercial Properties (617) 674-2043
Listing date Mar 5, 2026
Source Masscommercialproperties
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HighLights
- 100% leased, multi‑tenant property providing immediate income.
- Year 1 NOI is $303,535 with potential for increased returns due to annual lease increases (up to 8%).
- Recently updated with new LED lighting, roof, and HVAC systems.
- Strategic location 1.47 miles from Route 3 and close to the New Hampshire border and Boston.
- Features 4 loading docks, enhancing logistical capabilities.
- Located in Lowell, a city undergoing substantial improvements and home to UMass Lowell.
Overview
This 40,359 square foot multi-tenant suburban property is available for sale and is currently 100% leased. The property features an 18' clear height, 39' column spacing, new LED lighting, a replaced roof, updated HVAC systems, and 4 loading docks. The Year 1 Net Operating Income (NOI) is $303,535, with some leases featuring annual increases as high as 8%. Located 1.47 miles from the Drum Hill Rotary at Route 3, the property is 8 miles south of the New Hampshire border and 32 miles north of Boston. The property also benefits from parking lot lease income. Situated in Lowell, Massachusetts, along the Merrimack River, the city is approximately 25 miles northwest of Boston. Lowell has an estimated population of 111,000, making it the fourth-largest city in Massachusetts and the second-largest in the Boston metropolitan area. The City of Lowell has been undergoing substantial improvements, such as 15 acres of new development, $30 million spent on continuous transportation improvements, and the $200 million construction project to build a new justice center. Lowell is also home to UMass Lowell, a Division 1 University, which has spent over $600 million in the last 10 years on infrastructure improvements. The roof was replaced in 2018.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Just Basketball
Gym & Fitness Center
Merrimack Valley Food ...
Food Bank
Mill City Volleyball ...
Association / Organization
Velocity Sports Performance
Gym & Fitness Center
Game Time Sports ...
Arcade & Gaming Center
Similar Places Nearby
- Bowers Crossing — 1087-1103 Westford St, Lowell, MA 01851
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3513
- Latitude
- 42.6371
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - 100% leased multi-purpose property with recent updates and income potential.
Where is this shopping center located?
The property is located at 1703 Middlesex Street Lowell, MA.
What are key features of this property?
This property features: 100% leased, multi‑tenant property providing immediate income.; Year 1 NOI is $303,535 with potential for increased returns due to annual lease increases (up to 8%).; Recently updated with new LED lighting, roof, and HVAC systems.
