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$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
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
1.23 acres
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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

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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

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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.