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First-Floor Retail Space with Basement
New
For Lease
$3,200/Mo NNN

479 Market Street, Lowell, MA 01854

Office and retail space includes a lower level, with triple-net rent and water included.

Space Size2,400 SF
Days on Market4

Property Features for 479 Market Street

General Information

Standard status Active
Size 2,400 SF
Net Rentable 2,400 SF
Lease Type NNN

Space & Availability

Available Space 2,400 SF
Floor Ground, Basement
Space Use Retail
Listing Agency: Broker On Duty
Listed By: George Zitis
Source: Exprealty
Added: Aug 27 Changed: Aug 29 Last Checked: Aug 29 at 10:23PM

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 Broker On Duty

Investment Insights

Based on property information with market context.

Located at 479 Market Street in Lowell, Massachusetts, this retail space combines 1,200 square feet on the first floor with a basement offering another 1,200 square feet. The main level is configured for office and retail use, while the lower level provides additional interior area. The property is currently occupied by a neighborhood retail store operating as a small Greek Superette, and the space is described as suitable for medical office or clinical use.

The property sits between UMass Lowell’s North Campus, Lowell City Hall, the Fire Department, and surrounding housing. Apartments and condominiums are located throughout the area. Lease terms include triple-net rent and water, providing a defined structure for a small business seeking office or retail premises.

Key Highlights

  • 1, 200 square feet of first‑floor office and retail space
  • Basement provides an additional 1, 200 square feet
  • Positioned between UMass Lowell’s North Campus, Lowell City Hall, and the Fire Department

Property Analytics

Current Use

Sophia's Greek Pantry ... Grocery & Convenience Store

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture HVAC Service Storage Facility 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

2,727
Businesses Nearby

Demographics for 01854, MA

29,561
Population
10,960
Households
2.7
Avg Household Size
31
Median Age
30%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
7,390
Density / Sq Mi
$70,397
Median Household Income
$39,216
Median Earnings
$1,477
Median Rent
$360,500
Median Home Value

Market

Lease Benchmarks for Lowell, MA

$22.8 /SF/Yr
Avg Asking Price
$12–$26.4 /SF/Yr
Price Range
5,380 SF
Avg Space Size

This space is priced 30% below the average of $22.8 /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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Frequently Asked Questions

What type of property is this?
Retail space - Office and retail space includes a lower level, with triple-net rent and water included.
Where is this retail space located?
The property is located at 479 Market Street Lowell, MA.
What is the lease rate?
The lease rate is $3,200/Mo.
What are key features of this property?
This property features: 1, 200 square feet of first‑floor office and retail space; Basement provides an additional 1, 200 square feet; Positioned between UMass Lowell’s North Campus, Lowell City Hall, and the Fire Department
More about this property
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