Ground-Floor Creative Office
For Sale
Contact for pricing
201 Canal Street # C1, Lowell, MA 01852
Ground-level office suite with private entrance, open workspace, and a walkout patio with canal views.
Property Size5,000 SF
Price / SF$0.00
Days on Market172
Property Features for 201 Canal Street # C1
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Zoning
HCD
Lease Type
Net
Site & Location
Neighborhood
Sacred Heart
Taxes and HOA fees
Annual Taxes
$23,504
Amenities
private entrance
reception area
large open workspace
two multi-purpose rooms
restrooms
storage
private walkout patio
canal views
Building Details
Building Size
5,000 SF
Year Built
2020
Listing Agency:
The Edge Group, Inc.
(978) 458-8822
Listed By:
Vladimir Saldana · License #MASSACHUSETTS-9575388
(978) 251-5894
Source:
Churchillprop
Added: May 7
Changed: Oct 6
Last Checked: Oct 24 at 2:21PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A newly constructed mixed-use building offers a flexible, ground-level commercial space with canal views. Unit C1 includes a private entrance, reception area, a large open workspace, two multi-purpose rooms, restrooms, storage, and a private walkout patio.
The suite is located in the Hamilton Canal Innovation District at 201 Canal Street in Lowell, MA. The surrounding area includes nearby parking and walkable amenities, and the district is supported by institutions such as the Lowell Justice Center and Lowell Community Health Center.
Designed for adaptable use, the layout supports both reception and collaborative work needs, with additional rooms for flexible programming alongside dedicated restroom and storage space.
The suite is located in the Hamilton Canal Innovation District at 201 Canal Street in Lowell, MA. The surrounding area includes nearby parking and walkable amenities, and the district is supported by institutions such as the Lowell Justice Center and Lowell Community Health Center.
Designed for adaptable use, the layout supports both reception and collaborative work needs, with additional rooms for flexible programming alongside dedicated restroom and storage space.
Key Highlights
- 5,000 +/- SF ground‑level commercial/office space in a newly constructed mixed‑use building (Year Built 2020).
- Private entrance with reception area, large open workspace, and storage.
- Includes two multi‑purpose rooms and restrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,675
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,500
$1.8M
Cap Rate 7%
$1,295,357
$1.3M
Cap Rate 9%
$1,007,500
$1.0M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$156.0K $31.20/SF
− Vacancy
−$35.1K −$7.02/SF
EGI
$120.9K $24.18/SF
− OpEx
−$30.2K −$6.05/SF
NOI
$90.7K $18.13/SF
Area
Lowell, MA
Vacancy
22.50%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,500
Cap Rate 7%
$1,295,357
Cap Rate 9%
$1,007,500
Alternative Uses
Best Use
Office B
$1.30M
$1.13M – $1.51M
NOI $90,675 @ 7.0% cap · market cap 755,625.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,187 @ 7.0% cap · market cap 1,026,558.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Creative space - Ground-level office suite with private entrance, open workspace, and a walkout patio with canal views.
Where is this creative space located?
The property is located at 201 Canal Street # C1 Lowell, MA.
What are key features of this property?
This property features: 5,000 +/- SF ground‑level commercial/office space in a newly constructed mixed‑use building (Year Built 2020).; Private entrance with reception area, large open workspace, and storage.; Includes two multi‑purpose rooms and restrooms.
