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31 1st St 25,435 SF Industrial Building Lowell, MA 01850 $2,945,000 ($115.79/SF)
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,945,000 | Rentable Building Area | 25,435 SF |
| Price Per SF | $115.79 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1920 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.57/1,000 SF |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 0.82 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | B100 - CA | ||
| Price | $2,945,000 |
| Price Per SF | $115.79 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 25,435 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Tenancy | Single |
| Parking Ratio | 1.57/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | B100 - CA |
AMENITIES
- Signage
- Waterfront
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Renovated light industrial and office/retail property offering excellent visibility, accessibility, and flexible use potential. The building is partially occupied by a national auto parts retailer under a long-term NNN lease, with 5,200 SF of office/retail space and 2,000 SF of storage space currently available for lease. Recent upgrades include a new roof, HVAC systems, and fire protection improvements. The property benefits from a high-traffic location (17,949 vehicles per day) and ample on-site parking, situated on separate parcels under common ownership. Ideal for a wide range of commercial users seeking well-maintained, move-in-ready space in a strong market area. Former auto parts tenant equipment and stored materials not included. Environmental remediation, including former tank removal and asbestos abatement, completed during the 2020 renovation. Full reports available upon request.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 25,730 SF | Industrial | - | Now |
1st Floor
| Size |
| 25,730 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 25,730 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Renovated light industrial and office/retail property offering excellent visibility, accessibility, and flexible use potential. The building is partially occupied by a national auto parts retailer under a long-term NNN lease, with 5,200 SF of office/retail space and 2,000 SF of storage space currently available for lease. Recent upgrades include a new roof, HVAC systems, and fire protection improvements. The property benefits from a high-traffic location (17,949 vehicles per day) and ample on-site parking, situated on separate parcels under common ownership. Ideal for a wide range of commercial users seeking well-maintained, move-in-ready space in a strong market area. Former auto parts tenant equipment and stored materials not included. Environmental remediation, including former tank removal and asbestos abatement, completed during the 2020 renovation. Full reports available upon request.
PROPERTY TAXES
| Parcel Number | LOWE-000177-002327-000031 | Improvements Assessment | $1,241,500 |
| Land Assessment | $176,300 | Total Assessment | $1,417,800 |
PROPERTY TAXES
CONTACTS
-
Fred Faust -
Vlad Saldana -
Sonya Santorelli -
Bell Tower Commercial Real Estate Group
Presented by
31 1st St
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