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Downtown Office Suite with Private Entry
For Lease
$12.50 SF/Yr

2-27 Prescott St, Lowell, MA 01852

Office Suite Unit 2 offers a private entrance, reception area, five offices, conference room, kitchenette, and modern restroom.

Space SizeContact for details
Days on Market89

Property Features for 2-27 Prescott St

General Information

Standard status Active

Additional Details

Business Included No

Taxes and HOA fees

Annual Taxes $7,360

Amenities

private entrance
reception area
conference room
kitchenette
elevator
Listing Agency: LAER Realty Partners
Listed By: Siborak Ponn
Source: Exprealty
Added: Jun 17 Changed: Sep 5 Last Checked: Sep 13 at 12:49PM

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.

27 Prescott Street offers professionally oriented office space in Lowell’s historic downtown district. Unit 2 is a turnkey-style suite with a private entrance and reception area, plus five large offices and a conference room. Additional interior support includes a filing room with movable shelves and a networking room, along with a convenient kitchenette and a modern restroom.

The building is positioned for easy access to local shops, dining, and transportation in the downtown area. An elevator is available, and the suite includes flexible design options to accommodate different office layouts.

If additional space is needed, the building can accommodate an adjoining 4,000 +/- SF office space on Unit 3, subject to availability.

Key Highlights

  • Unit 2 offers approximately 4,000+/- SF of office space with a private entrance
  • Reception area plus five large offices
  • Includes a great conference room, filing room with movable shelves, and networking room

Property Analytics

Current Use

Office Units

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
$1.88 /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

$15.78 /SF/Yr
Avg Asking Price
$12–$32.4 /SF/Yr
Price Range
7,011 SF
Avg Space Size

This space is priced 21% below the average of $15.78 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office Suite Unit 2 offers a private entrance, reception area, five offices, conference room, kitchenette, and modern restroom.
Where is this office units located?
The property is located at 2-27 Prescott St Lowell, MA.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Unit 2 offers approximately 4,000+/- SF of office space with a private entrance; Reception area plus five large offices; Includes a great conference room, filing room with movable shelves, and networking room
More about this property
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