31 1st St - Warehouse FOR SALE


Lowell, MA 01850- Centralville
$2,590,000 USD
978-458-8822
31 1st St, Lowell, MA for Sale
$2,590,000 USD
Warehouse - FOR SALE
1/27
null | Request Cap Rate

31 1st St
Lowell, MA 01850
Centralville


OVERVIEW

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 auto parts distributor for warehousing/inventory under a 5-year NNN lease, with additional space available to lease or occupy. • Warehousing (leased): 18,335 Net SF • Retail/Office (available): 5,250 Net SF • Rear warehousing/storage (available): 1,950 Net SF Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades—helping reduce near-term capital needs for new ownership. Strategically located on high-visibility First Street Boulevard (state highway) with strong access and on-site parking. An ideal opportunity for investors seeking stable NNN cash flow with additional leasing/occupancy upside, and for owner-users who can occupy 5,250 SF available while offsetting ownership costs with income from the existing cash flow.

FOR SALE DETAILS

PRICE

$2,590,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.82

LAND SF

35,719

ZONING

B100

APN/PARCEL ID

LOWE-000177-002327-000031

ASK ABOUT THIS PROPERTY

Fred FaustBell Tower Commercial Real Estate GroupMore Info
978-458-8822

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Fred FaustBell Tower Commercial Real Estate GroupMore Info
978-458-8822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.