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Renovated Office/Retail Space Available
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31 1st St, Lowell, MA

Move-in ready office/retail space with high visibility and accessibility.

Space Size5,250 SF
Lot Size0.82 Acres
Days on Market348

Property Features for 31 1st St

General Information

Standard status Active
Size 5,250 SF
Lot size 0.82 Acres
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Downtown

Spaces For Lease

at 31 1st St
31 1st St $13/SF/Yr
Floor 1
Size 5,250 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Renovated light industrial and office/retail property offering excellent visibility, accessibility, and flexible use potential. The building is partially occupied by a national auto parts retailer under a long-term NNN lease, with 5,200 SF of office/retail space and 2,000 SF of storage space currently available for lease. Recent upgrades include a new roof, HVAC systems, and fire protection improvements. The property benefits from a high-traffic location (17,949 vehicles per day) and ample on-site parking, situated on separate parcels under common ownership. Ideal for a wide range of commercial users seeking well-maintained, move-in-ready space in a strong market area. Former auto parts tenant equipment and stored materials not included. Environmental remediation, including former tank removal and asbestos abatement, completed during the 2020 renovation. Full reports available upon request.
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Listing Agency: Bell Tower Commercial Real Estate Group
Listed By: Vladimir Saldana · License #MASSACHUSETTS-9575388
Source: Moodyscre
Added: Nov 11, 2025 Changed: Oct 25 Last Checked: Oct 24 at 7:42PM

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 Bell Tower Commercial Real Estate Group

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Investment Insights

Based on property information with market context.

This renovated light industrial and office/retail property offers excellent visibility, accessibility, and flexible use potential. The building is partially occupied by a national auto parts retailer under a long-term NNN lease. There is 5,200 square feet of office/retail space and 2,000 square feet of storage space currently available for lease. Recent upgrades include a new roof, HVAC systems, and fire protection improvements. The property benefits from a high-traffic location with 17,949 vehicles per day and ample on-site parking, situated on separate parcels under common ownership. It is ideal for a wide range of commercial users seeking well-maintained, move-in-ready space in a strong market area. Environmental remediation, including former tank removal and asbestos abatement, was completed during the 2020 renovation. Full reports are available upon request.

Key Highlights

  • Long‑term NNN lease with national auto parts retailer for immediate income.
  • Renovated with new roof, HVAC systems, and fire protection improvements.
  • High‑traffic location with excellent visibility (17,949 vehicles per day).

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

OwlStamp Visual Solutions (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,599
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lowell, MA

$15.66 /SF/Yr
Avg Asking Price
$12–$32.4 /SF/Yr
Price Range
7,179 SF
Avg Space Size

This space is priced 17% below the average of $15.66 /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 unit - Move-in ready office/retail space with high visibility and accessibility.
Where is this office unit located?
The property is located at 31 1st St Lowell, MA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Long‑term NNN lease with national auto parts retailer for immediate income.; Renovated with new roof, HVAC systems, and fire protection improvements.; High‑traffic location with excellent visibility (17,949 vehicles per day).
(978) 251-5894 Call to check price and availability
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