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Standalone Medical Office Space
New
For Lease
$3,000/Mo NNN

266 Lowell St, Wilmington, MA 01887

Owner-coordinated conversion from residential to commercial use is available under a triple-net lease.

Space SizeContact for details
Days on Market2

Property Features for 266 Lowell St

General Information

Standard status Active
Zoning mixed
Lease Type NNN

Space & Availability

Space Use Office
Sublease No

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,358

Building Details

Year Built 1953
Listing Agency: United Brokers
Listed By: Mission Impossible Team
Source: 413realestate
Added: Oct 30 Last Checked: Oct 30 at 11:17AM

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 United Brokers

Rey
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Investment Insights

Based on property information with market context.

This standalone property, built in 1953, is currently residential and may be converted to commercial use in coordination with the owner. The available space is offered for commercial lease, with the owner working with the tenant on layout and conversion timing. Off-street parking is provided, and the property has access to major routes. The lease is structured as NNN, with the tenant responsible for real estate taxes, insurance, and maintenance in addition to base rent.

Key Highlights

  • Standalone building offered for commercial lease
  • Owner will coordinate commercial conversion, including layout and timing
  • Off‑street parking available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy Hair Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01887, MA

23,349
Population
8,032
Households
2.9
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
17.0 sq mi
ZIP Area
1,373
Density / Sq Mi
$161,473
Median Household Income
$73,770
Median Earnings
$2,412
Median Rent
$646,200
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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Owner-coordinated conversion from residential to commercial use is available under a triple-net lease.
Where is this medical office space located?
The property is located at 266 Lowell St Wilmington, MA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Standalone building offered for commercial lease; Owner will coordinate commercial conversion, including layout and timing; Off‑street parking available
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