31 First Street Boulevard, Lowell, MA for sale

Investment Overview

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 auto parts distributor for warehousing/inventory under a 5-year NNN lease, with additional space available to lease or occupy. • Warehousing (leased): 18,335 Net SF • Retail/Office (available): 5,250 Net SF • Rear warehousing/storage (available): 1,950 Net SF Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades—helping reduce near-term capital needs for new ownership. Strategically located on high-visibility First Street Boulevard (state highway) with strong access and on-site parking. An ideal opportunity for investors seeking stable NNN cash flow with additional leasing/occupancy upside, and for owner-users who can occupy 5,250 SF available while offsetting ownership costs with income from the existing cash flow.

Investment Highlights

• Investment or Owner-User Opportunity.
• 5,250 SF office/retail and 1,950 SF storage available.
• Prominent location with excellent exposure; includes multiple parcels and parking.