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Renovated First-Floor Flex Space
For Lease
$12 SF/Yr

31 First Street Blvd. Unit Retail, Lowell, MA 01850

Storefront space combines open work areas, private offices, meeting space, and on-site parking.

Space SizeContact for details
Property Size25,535 SF
Days on Market114

Property Features for 31 First Street Blvd. Unit Retail

General Information

Standard status Active
Size 25,535 SF
Property subtype COMMERCIAL

Space & Availability

Floor 1
Space Use Office
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $31,716

Amenities

storefront exposure
open workspace
private offices
conference room
staff kitchen
on-site parking

Building Details

Building Size 25,535 SF
Year Built 1920
Listing Agency: The Edge Group, Inc.
Listed By: Vladimir Saldana · License #MASSACHUSETTS-9575388
Source: Donnellyandco
Added: Apr 21 Changed: Aug 12 Last Checked: Aug 12 at 2:04AM

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 The Edge Group, Inc.

Investment Insights

Based on property information with market context.

This renovated first-floor flex space at 31 First Street Blvd. offers a versatile commercial layout with storefront exposure, an open work area, private offices, and a conference room. A staff kitchen and on-site parking add practical support features for daily operations. The building dates to 1920, while the interior has been renovated for current occupancy. Additional warehouse or storage space may also be available. Located in Lowell, Massachusetts, the property provides convenient access along a major corridor.

Key Highlights

  • Renovated first‑floor flex space with storefront exposure
  • Open workspace with private offices and conference room
  • Staff kitchen included

Property Analytics

Current Use

Flex space

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,406
Businesses Nearby
Under-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

$17.73 /SF/Yr
Avg Asking Price
$10–$32.4 /SF/Yr
Price Range
14,886 SF
Avg Space Size

This space is priced 32% below the average of $17.73 /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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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 - Storefront space combines open work areas, private offices, meeting space, and on-site parking.
Where is this flex space located?
The property is located at 31 First Street Blvd. Unit Retail Lowell, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Renovated first‑floor flex space with storefront exposure; Open workspace with private offices and conference room; Staff kitchen included
More about this property
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