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394 Lowell St - Unit 19 1,276 SF Office Condo Unit Offered at $399,000 in Lexington, MA 02420
Executive Summary
Exceptional 1,276 sq ft professional office condo in move-in condition, ideally situated near Lexington Center, Four Corners Woburn, the Burlington Mall area, and major highways. This third-floor suite (non-elevator) features a welcoming reception area, five private offices, an open work area, and separate men’s and women’s half baths. Bright and efficient with skylights, newer roof, windows, clapboards, and heat pump with central air. Ample common parking for 80 vehicles and excellent storage. Available furnished for immediate occupancy. Owner financing available for qualified buyers at 5% interest, up to a 30-year amortization with a 5-year note. A rare opportunity to own a well-maintained, turn-key office space in a prime location.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Sale Leaseback |
| Sale Type | Investment or Owner User |
| Sale Conditions | Sale Leaseback |
Description
Exceptional 1,276 sq ft professional office condo in move-in condition, ideally situated near Lexington Center, Four Corners Woburn, the Burlington Mall area, and major highways. This third-floor suite (non-elevator) features a welcoming reception area, five private offices, an open work area, and separate men’s and women’s half baths. Bright and efficient with skylights, newer roof, windows, clapboards, and heat pump with central air. Ample common parking for 80 vehicles and excellent storage. Available furnished for immediate occupancy. Owner financing available for qualified buyers at 5% interest, up to a 30-year amortization with a 5-year note. A rare opportunity to own a well-maintained, turn-key office space in a prime location.
Sale Notes
Available furnished for immediate occupancy. Owner financing available for qualified buyers at 5% interest, up to a 30-year amortization with a 5-year note. Sale leaseback available for the right buyer.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 19 | 1,276 SF | Office | $399,000 ($312.70/SF) | - |
Unit 19
| Unit Size |
| 1,276 SF |
| Condo Use |
| Office |
| Price |
| $399,000 ($312.70/SF) |
| NOI |
| - |
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Unit 19
| Unit Size | 1,276 SF |
| Condo Use | Office |
| Price | $399,000 ($312.70/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Sale Leaseback |
| Description | |
| Exceptional 1,276 sq ft professional office condo in move-in condition, ideally situated near Lexington Center, Four Corners Woburn, the Burlington Mall area, and major highways. This third-floor suite (non-elevator) features a welcoming reception area, five private offices, an open work area, and separate men’s and women’s half baths. Bright and efficient with skylights, newer roof, windows, clapboards, and heat pump with central air. Ample common parking for 80 vehicles and excellent storage. Available furnished for immediate occupancy. Owner financing available for qualified buyers at 5% interest, up to a 30-year amortization with a 5-year note. A rare opportunity to own a well-maintained, turn-key office space in a prime location.</li></ul> | |
| Sale Notes | |
| Available furnished for immediate occupancy. Owner financing available for qualified buyers at 5% interest, up to a 30-year amortization with a 5-year note. Sale leaseback available for the right buyer.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 22,000 SF | Typical Floor Size | 11,000 SF |
| Property Type | Office (Condo) | Year Built | 1958 |
| Building Class | C | Lot Size | 1.23 AC |
| Floors | 3 | Parking Ratio | 10/1,000 SF |
| Zoning | Busniess - CRS (Commercial Retail Shopping) | ||
| Total Building Size | 22,000 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 11,000 SF |
| Year Built | 1958 |
| Lot Size | 1.23 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | Busniess - CRS (Commercial Retail Shopping) |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Rose Wang Dentistry |
-
|
April 2011
|
| Michelle Paganis |
-
|
March 2011
|
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Street
Map
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394 Lowell St - Unit 19