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    OFF-MARKET
    Office Spaces

    1012 Gorham St, Lowell, MA 01852

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,600 square foot commercial space at 1012 Gorham Street in Lowell, Massachusetts, is perfectly situated for a variety of businesses. Located on a high-traffic section of Gorham Street, this ground-floor office boasts excellent street visibility thanks to large glass windows. The property features a convenient loading dock, ideal for efficient operations. The space is currently configured as a single-tenant office but can be easily divided into two separate sections to accommodate specific tenant needs. A half-bath is included. Available August 1st, this property presents a fantastic opportunity for medical offices, retail establishments, or other businesses seeking a prominent location in Lowell. The lease terms include a 5-year lease with a renewable 5-year option. Tenant responsibilities include all utilities, a required repair insurance policy, and a security deposit equivalent to 1.5 months' rent, along with the first and last month's rent. Credit checks are required. Lease options are available.

    Property profile
    Verified
    Property type Office Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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