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

27 Prescott St #2, Lowell, MA 01852

DMU-zoned workspace includes a reception area, five offices, and a dedicated conference room.

Space Size4,000 SF - 8,000 SF
Days on Market6

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
Zoning DMU

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 $7,361

Building Details

Year Built 1826
Listing Agency: LAER Realty Partners
Listed By: Siborak Ponn
Source: Insightrealtygroup
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 16 at 5:39AM

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.

Unit 2 at 27 Prescott St. offers approximately 4,000 square feet of office space, with a private entrance and reception area. The layout includes five offices, a conference room, a filing room with movable shelving, and a networking room. A kitchenette and modern restroom serve the suite, and the building has an elevator. The building dates to 1826 and is in downtown Lowell, near shops, dining, and transportation. An additional approximately 4,000-square-foot office space is available in Unit 3 for users seeking more area.

Key Highlights

  • Approximately 4,000 SF in Unit 2
  • Private entry and reception area
  • Five offices and a conference room

Property Analytics

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Current Use

NFI Family Resource ... Family Counselor

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
$1.80 /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
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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

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?
Office units - DMU-zoned workspace includes a reception area, five offices, and a dedicated conference room.
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 entry and reception area; Five offices and a conference room
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