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    Retail/Office Building For Sale Title is generated by Realmo AI

    585 Pawtucket Blvd, Lowell, MA

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    Retail/Office building with heavy traffic and ample parking.

    Type:RETAIL
    Property size:
    4,000 SF
    Lot size:
    0.59 Acres
    Price / SF:
    $312/SF
    Added:
    Sep 19, 2025
    Days on Market:
    266
    Last Refresh:
    May 20 at 8:50 pm

    Property Features for 585 Pawtucket Blvd

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.59 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Matthew Fair
    Matthew Fair

    Listing agent Matthew Fair

    Listing office Hayes & Sherry

    Listing date Sep 19, 2025

    Source Moodyscre

    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 Hayes & Sherry

    HighLights

    • Heavy daily traffic
    • 35 Parking Spaces
    • ± 4,000 SF Retail/Office Building
    • .69 Acres
    • Surrounded by a mix of retail centers
    • Retail/Office Building

    Overview

    This retail/office building offers approximately 4,000 square feet of space on a 0.69-acre lot. The property benefits from heavy daily traffic and is surrounded by a mix of retail centers. It features 35 parking spaces.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $100.8k $25.20
    − Vacancy −$6.6k −$1.64
    EGI $94.2k $23.56
    − OpEx −$28.3k −$7.07
    NOI $66.0k $16.49
    4,000 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $942.5K
    $824.7K – $1.10M (±1% cap)
    NOI $65,974 @ 7.0% cap · market cap 5.28%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.41M
    $1.23M – $1.64M (±1% cap)
    NOI $98,550 @ 7.0% cap · market cap 7.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    AAA Lowell Travel Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3553
    Latitude
    42.6412

    FAQs

    What type of property is this?
    Retail space - Retail/Office building with heavy traffic and ample parking.
    Where is this retail space located?
    The property is located at 585 Pawtucket Blvd Lowell, MA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Heavy daily traffic; 35 Parking Spaces; **± 4,000 SF Retail/Office Building**
    (401) 273-1980 Call to check price and availability
    More about this property
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