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Renovated Flex Space with NNN Tenant
For Lease
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31 1st St, Lowell, MA 01850

Renovated flex space offers 5,200 SF office/retail plus 2,000 SF storage, ample parking, and high-traffic visibility.

Property Size5,250 SF
Days on Market262

Property Features for 31 1st St

General Information

Standard status Active
Size 5,250 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Bell Tower Commercial Real Estate Group
Listed By: Vladimir Saldana
Source: Moodyscre
Added: Nov 11, 2025 Changed: Jul 30 Last Checked: Jul 31 at 6:19AM

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

Investment Insights

Based on property information with market context.

Renovated light industrial and office/retail flex property at 31 1st St in Lowell, MA, offering flexible use potential with strong visibility and accessibility. The building is partially occupied by a national auto parts retailer under a long-term NNN lease. Currently available for lease is 5,200 SF of office/retail space and 2,000 SF of storage space. Recent upgrades include a new roof, HVAC systems, and fire protection improvements.

The property is located on separate parcels under common ownership with ample on-site parking. The site benefits from a high-traffic location with 17,949 vehicles per day.

Environmental remediation was completed during the 2020 renovation, including former tank removal and asbestos abatement. Former auto parts tenant equipment and stored materials are not included. Full reports are available upon request.

Key Highlights

  • Partially occupied by a national auto parts retailer under a long‑term NNN lease
  • 5,200 SF office/retail space and 2,000 SF storage space available for lease
  • Recent upgrades include new roof, HVAC systems, and fire protection improvements

Property Analytics

Current Use

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

Suggested Use

Top Pick Skin Care Clinic Big Box & Wholesale Store HVAC Service Acupuncture (Bike/Boat/Book/etc) Store Florist

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

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01850, MA

16,670
Population
6,028
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
83%
High-School Grad
1.4 sq mi
ZIP Area
11,907
Density / Sq Mi
$67,581
Median Household Income
$42,096
Median Earnings
$1,666
Median Rent
$367,200
Median Home Value

Market

Lease Benchmarks for Lowell, MA

$16.9 /SF/Yr
Avg Asking Price
$10–$32.4 /SF/Yr
Price Range
8,355 SF
Avg Space Size

This space is priced 23% below the average of $16.9 /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
Questions? Ask Rey
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Similar Off Market Nearby

  • Naturel Juicing — 120 Merrimack St, Lowell, MA 01852
  • Omkar Foods — 17 Warren St, Lowell, MA 01852
  • D&C Catering — 755 Lakeview Ave, Lowell, MA 01850
  • Infuse Catering Services — 17 Warren St, Lowell, MA 01852

Frequently Asked Questions

What type of property is this?
Flex space - Renovated flex space offers 5,200 SF office/retail plus 2,000 SF storage, ample parking, and high-traffic visibility.
Where is this flex space 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: Partially occupied by a national auto parts retailer under a long‑term NNN lease; 5,200 SF office/retail space and 2,000 SF storage space available for lease; Recent upgrades include new roof, HVAC systems, and fire protection improvements
(978) 251-5894 Call to check price and availability
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