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Renovated Office with Heated Garage
For Lease
$2,700/Mo
Pending

70 Wilbur St 5, Lowell, MA 01851

Commercial condo featuring renovated office and heated garage.

Space SizeContact for details
Days on Market111

Property Features for 70 Wilbur St 5

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1986
Listing Agency:
Listed By: Shannon Forsythe
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 12 at 8:50AM

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 Shannon Forsythe

Investment Insights

Based on property information with market context.

This commercial condo offers a renovated office space of approximately 1,000 square feet, featuring a reception desk, half bath, new floors, fresh paint, and recessed lights. The property also includes a heated garage with a 9-foot garage door and a separate entrance. The garage floor has been freshly epoxied. The space is designed to be flexible and accommodate various business needs. Generous parking is available. The property is located in a well-maintained commercial condo complex. Additional monthly costs of $300 cover heat and electricity. The location has a walk score of 54, indicating it is somewhat walkable, a bike score of 35, indicating it is somewhat bikeable, and a transit score of 34, indicating some transit options are available.

Key Highlights

  • Renovated ~1,000 sq. ft office space with reception desk and half bath.
  • Heated garage with 9' garage door and separate entrance.
  • Freshly epoxied garage floor.

Property Analytics

Current Use

Bullet Blocker Industrial Manufacturer Hello Communications Inc Advertising Agency Orvalis Inc Industrial Manufacturer Bang Marketing & Advertising Tastebud Farms LLC Consultant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Storage Facility Hotel & Motel

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
$4.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby

Demographics for 01851, MA

32,691
Population
11,759
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
10,216
Density / Sq Mi
$87,962
Median Household Income
$46,388
Median Earnings
$1,686
Median Rent
$432,100
Median Home Value

Market

Lease Benchmarks for Lowell, MA

$17.11 /SF/Yr
Avg Asking Price
$10–$39.43 /SF/Yr
Price Range
6,620 SF
Avg Space Size

This space is priced 89% above the average of $17.11 /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?
Office units - Commercial condo featuring renovated office and heated garage.
Where is this office units located?
The property is located at 70 Wilbur St 5 Lowell, MA.
What is the lease rate?
The lease rate is $2,700/Mo.
What are key features of this property?
This property features: Renovated ~1,000 sq. ft office space with reception desk and half bath.; Heated garage with 9' garage door and separate entrance.; Freshly epoxied garage floor.
More about this property
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