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Downtown Office Suite with Private Entrance
For Lease
$12 SF/Yr

27 Prescott St # 2 Lowell, Lowell, MA 01852

Professional office suite with private entry, reception, multiple offices, conference space, and restroom with kitchenette.

Space SizeContact for details
Days on Market57

Property Features for 27 Prescott St # 2 Lowell

General Information

Standard status Active
Zoning DMU

Taxes and HOA fees

Annual Taxes $7,360

Amenities

No HOA Fees

Building Details

Year Built 1826
Listing Agency: LAER Realty Partners
Listed By: Sharon Lucido
Source: Bournetosellrealestate
Added: Jun 17 Changed: Aug 8 Last Checked: Jun 20 at 2:12AM

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.

Unit 2 is a 4,000+/- SF office space inside the 27 Prescott Street Building. The suite is designed for a professional, creative, or technology-oriented office environment and includes a private entrance, reception area, five large offices, and a conference room. Additional functional space includes a filing room with movable shelves and a dedicated networking room, along with a modern restroom and a convenient kitchenette. The layout is described as flexible, and the building includes elevator access to support everyday access and convenience.

The building is positioned in the heart of Lowell’s historic downtown district and is described as having convenient access to local shops, dining, and transportation. The listing also notes the availability of additional office space if needed, with the ability to accommodate another 4,000+/- SF office area on Unit 3.

This suite is well suited for tenants looking for a self-contained office with a private entry plus dedicated workrooms for teams, meetings, and file storage. With multiple offices and a conference room already in place, it can support organizations that need room for collaboration while maintaining separate work areas, and the kitchenette and modern restroom help round out day-to-day operational convenience.

Key Highlights

  • Year built 1826 historic downtown building with 4,000 +/- SF office space (Unit 2)
  • Unit 2 includes a private entrance, reception area, and modern restroom
  • Flexible layout with 5 large offices plus 1 great conference room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Spa & Massage Center Big Box & Wholesale Store Pharmacy

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

514
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

$17.11 /SF/Yr
Avg Asking Price
$10–$39.43 /SF/Yr
Price Range
6,620 SF
Avg Space Size

This space is priced 30% below the average of $17.11 /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 - Professional office suite with private entry, reception, multiple offices, conference space, and restroom with kitchenette.
Where is this office units located?
The property is located at 27 Prescott St # 2 Lowell Lowell, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Year built 1826 historic downtown building with 4,000 +/- SF office space (Unit 2); Unit 2 includes a private entrance, reception area, and modern restroom; Flexible layout with 5 large offices plus 1 great conference room
More about this property
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