31 First Street Boulevard, Lowell MA 01850
31 First Street Boulevard, Lowell MA 01850 photo 2
31 First Street Boulevard, Lowell MA 01850 photo 3
31 First Street Boulevard, Lowell MA 01850 photo 4
31 First Street Boulevard, Lowell MA 01850 photo 5
31 First Street Boulevard, Lowell MA 01850 photo 6
31 First Street Boulevard, Lowell MA 01850 photo 7
31 First Street Boulevard, Lowell MA 01850 photo 8
31 First Street Boulevard, Lowell MA 01850 photo 9
31 First Street Boulevard, Lowell MA 01850 photo 10
31 First Street Boulevard, Lowell MA 01850 photo 11
31 First Street Boulevard, Lowell MA 01850 photo 12
31 First Street Boulevard, Lowell MA 01850 photo 13
31 First Street Boulevard, Lowell MA 01850 photo 14
31 First Street Boulevard, Lowell MA 01850 photo 15
31 First Street Boulevard, Lowell MA 01850 photo 16
31 First Street Boulevard, Lowell MA 01850 photo 17
31 First Street Boulevard, Lowell MA 01850 photo 18
31 First Street Boulevard, Lowell MA 01850 photo 19
31 First Street Boulevard, Lowell MA 01850 photo 20
20 photos

$2,590,000

31 First Street Boulevard, Lowell MA 01850
Lowell, MA 01850
Listed by Vladimir Saldana
Bedrooms
N/A
Bathrooms
N/A
Living area
25,535 sqft
Year built
1920

About this home

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

MLS #
73512139
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
109
On market date
May 4, 2026
Stories
N/A
Garage spaces
N/A
Lot size
1.23 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Peter W Reilly
0.67 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
456
Student:teacher ratio
13.8:1
District
Lowell
Middle
James Sullivan Middle School
0.65 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
644
Student:teacher ratio
14.3:1
District
Lowell
High
Leblanc Therapeutic Day School
0.9 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
39
Student:teacher ratio
4.9:1
District
Lowell

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$15,747/mo
$518,000 down
$2,072,000 loan
Principal & interest$13,439
Property tax (est.)$2,158
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.