Elevator-Served Office
New
For Lease
$12 SF/Yr
27 Prescott St 2, Lowell, MA 01852
A private-entry suite combines dedicated offices, meeting space, and support rooms in a downtown Lowell building.
Space Size4,000 SF - 8,000 SF
Days on Market4
Property Features for 27 Prescott St 2
General Information
Standard status
Active
Size
4,000 SF - 8,000 SF
Net Rentable
4,000 SF
Elevators
Yes
Property subtype
Commercial
Space & Availability
Available Space
4,000-8,000 SF
Contiguous Space
4,000 SF
Space Use
Office
Private Offices
5
Meeting Rooms
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,360
Amenities
private entrance
reception area
modern restroom
kitchenette
elevator
filing room
networking room
Building Details
Year Built
1826
Listing Agency:
LAER Realty Partners
Listed By:
Siborak Ponn
(978) 596-7935
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 11:08AM
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
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Investment Insights
Based on property information with market context.
At 27 Prescott St, Unit 2 offers approximately 4,000 square feet of office space in a building constructed in 1826. A private entrance opens to a reception area, with five offices and a conference room supported by a filing room with movable shelving and a networking room. The suite also has a modern restroom and kitchenette, and the building has an elevator.
The property is in Lowell’s historic downtown district, with local shops, dining, and transportation nearby. Walk Score is 75, Bike Score is 52, and Transit Score is 41. An additional approximately 4,000-square-foot office unit is available in Unit 3.
The property is in Lowell’s historic downtown district, with local shops, dining, and transportation nearby. Walk Score is 75, Bike Score is 52, and Transit Score is 41. An additional approximately 4,000-square-foot office unit is available in Unit 3.
Key Highlights
- Approximately 4,000 SF in Unit 2
- Private entrance, reception area, five offices, and a conference room
- Filing room with movable shelves and a separate networking room
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,370
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
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Market
Lease Benchmarks for Lowell, MA
$16.24 /SF/Yr
Avg Asking Price
$12–$32.4 /SF/Yr
Price Range
7,295 SF
Avg Space Size
This space is priced 26% below the average of $16.24 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - A private-entry suite combines dedicated offices, meeting space, and support rooms in a downtown Lowell building.
Where is this office units located?
The property is located at 27 Prescott St 2 Lowell, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Approximately 4,000 SF in Unit 2; Private entrance, reception area, five offices, and a conference room; Filing room with movable shelves and a separate networking room
