31 First Street Boulevard, Lowell, MA 01850
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$2,590,000
Type: Industrial
Lease Type N/A
25435 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Well-maintained, recently upgraded light industrial/retail/office building offering in-place income with upside. Approximately two-thirds of the property is leased to a national tenant under a 5-year NNN lease for warehousing and inventory, with additional space available for lease or owner occupancy. Warehousing (leased): 18,335 SF, Retail/Office (available): 5,000+/- SF, Rear warehousing/storage (available): 2,000+/- SF. Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades—helping reduce near-term capital needs for new ownership. Located on a high-visibility state highway with strong access and on-site parking. An ideal opportunity for investors seeking stable cash flow with additional leasing/occupancy upside, and for owner-users who can occupy available space while offsetting ownership costs with income from the existing cash flow.

Property Details tap to expand

Property Information

  • Type: Industrial
  • Location: Legal Conforming
  • MLS ID#: 73512139

Building Information

  • Total SQFT: 25435

Construction & Utilities

  • Utilities: 220 Volts, Natural Gas, Public Sewer, Public Water, Three Phase

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/08/2026Active$2,590,000$102MLSPIN
05/07/2026New$13$0MLSPIN
05/04/2026New$2,590,000$102MLSPIN
04/23/2026Expired$2,595,000$102MLSPIN
02/22/2026Active$2,595,000$102MLSPIN
02/18/2026Price Change$2,595,000$102MLSPIN
10/27/2025Active$2,945,000$116MLSPIN
10/23/2025New$2,945,000$116MLSPIN
10/23/2025Canceled$2,945,000$116MLSPIN
10/23/2025Price Change$2,945,000$116MLSPIN
10/22/2025New$2,495,000$98MLSPIN
09/02/2024Expired$2,495,000$97MLSPIN
04/13/2024Active$2,495,000$97MLSPIN
04/09/2024New$2,495,000$97MLSPIN

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Seller's Representative: Vladimir Saldana, The Edge Group, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-08 03:05:00