Flex Space With Grade-Level
For Sale
Contact for pricing
663 Lawrence St # 101, Lowell, MA 01852
First-floor industrial and office configuration supports production, storage, loading, and professional workspace needs.
Property Size10,000 SF
Price / SF$0.00
Days on Market48
Property Features for 663 Lawrence St # 101
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Zoning
LI
Lease Type
Gross
Taxes and HOA fees
Annual Taxes
$41,628
Building Details
Building Size
10,000 SF
Year Built
1900
Listing Agency:
JMJ Commercial Realty, Inc.
(617) 605-5674
Listed By:
Adam Schertzer · License #423390
(781) 244-3061
Source:
Churchillprop
Added: Sep 2
Changed: Oct 6
Last Checked: Oct 16 at 7:22AM
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 JMJ Commercial Realty, Inc.
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Investment Insights
Based on property information with market context.
This approximately 10,000-square-foot flex property occupies the first floor and combines industrial and office components. The layout includes warehouse, production, storage, and professional office areas, with a grade-level garage door supporting equipment movement and loading activity. The space is suited to a range of operational formats, including contractor, light manufacturing, distribution, and service uses.
Located at 663 Lawrence St # 101 in Lowell, Massachusetts, the property carries LI zoning. The practical floor plan provides separate work and office functions within one commercial space, with direct access for loading and unloading. Availability is scheduled for August 1, 2026.
Located at 663 Lawrence St # 101 in Lowell, Massachusetts, the property carries LI zoning. The practical floor plan provides separate work and office functions within one commercial space, with direct access for loading and unloading. Availability is scheduled for August 1, 2026.
Key Highlights
- Approximately 10,000 SF of first‑floor flex space
- Grade‑level garage door access for loading and equipment movement
- Warehouse, production, storage, and professional office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,246
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,920
$1.1M
Cap Rate 7%
$817,800
$817.8K
Cap Rate 9%
$636,067
$636.1K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$87.0K $8.70/SF
− Vacancy
−$5.2K −$0.52/SF
EGI
$81.8K $8.18/SF
− OpEx
−$24.5K −$2.45/SF
NOI
$57.2K $5.72/SF
Area
Lowell, MA
Vacancy
6.00%
Lease Rate
$8.70 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,920
Cap Rate 7%
$817,800
Cap Rate 9%
$636,067
Alternative Uses
Best Use
Flex RnD
$1.88M
$1.64M – $2.19M
NOI $131,274 @ 7.0% cap · market cap 1,312,740.00%
Second Best
Warehouse
$993.0K
$868.9K – $1.16M
NOI $69,513 @ 7.0% cap · market cap 695,130.00%
Theoretical Best
Office A
$3.52M
$3.08M – $4.11M
NOI $246,374 @ 7.0% cap · market cap 2,463,740.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01852, MA
36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- M & M Catering — 23 Potter St, Lowell, MA 01852
- Omkar Foods — 17 Warren St, Lowell, MA 01852
- Infuse Catering Services — 17 Warren St, Lowell, MA 01852
Frequently Asked Questions
What type of property is this?
Flex space - First-floor industrial and office configuration supports production, storage, loading, and professional workspace needs.
Where is this flex space located?
The property is located at 663 Lawrence St # 101 Lowell, MA.
What are key features of this property?
This property features: Approximately 10,000 SF of first‑floor flex space; Grade‑level garage door access for loading and equipment movement; Warehouse, production, storage, and professional office areas
