31 1st St - Warehouse FOR SALE


Lowell, MA 01850- Centralville
$2,945,000 USD
978-458-8822
31 1st St, Lowell, MA for Sale
$2,945,000 USD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

NEW


31 1st St
Lowell, MA 01850
Centralville


OVERVIEW

Prime Investment or Owner-User Opportunity. Great location, condition, and potential for investor or owner user. Renovated light industrial and office/retail property with flexible use potential. Majority leased to a national auto parts retailer on a 5-year NNN lease for warehouse use. An additional 5,200 SF office/retail and 2,000 SF storage spaces available for occupancy. Recent upgrades include roof, HVAC, and fire protection systems. High-visibility location with 17,949 daily traffic count. Building and parking lot on separate parcels under common ownership. Lease and income details available to qualified buyers. Items belonging to auto parts store and rear stored items are excluded from sale. Sale includes 15 1st St.(parking lot), 31 and 31.1 1st St. Blvd. (building). Underground tank previously removed, two 3,000-gallon fuel oil tanks filled with slurry. Old boiler disabled, remediated. Other remediation (asbestos) completed during 2020 renovation. 21E and other records available.

FOR SALE DETAILS

PRICE

$2,945,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

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.