1012 Gorham St, Lowell, MA 01852
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.