BELL TOWER COMMERCIAL REAL ESTATE GROUP
Listed by BELL TOWER COMMERCIAL REAL ESTATE GROUP
$2,945,000
31 First Street Boulevard
Details
Property Type Retail, Office
Sub Type Warehouse, Storage
Square Footage 25,730
Lease Type NNN
Lease Term 5
Class C
Investment Type Owner/User
Retail | 25,730 SqFt
Marketing description
Prime Investment or Owner-User Opportunity. Great location, condition, and potential for investor or owner user. Renovated light industrial and office/retail property with flexible use potential. Majority leased to a national auto parts retailer on a 5-year NNN lease for warehouse use. An additional 5,200 SF office/retail and 2,000 SF storage spaces available for occupancy. Recent upgrades include roof, HVAC, and fire protection systems. High-visibility location with 17,949 daily traffic count. Building and parking lot on separate parcels under common ownership. Lease and income details available to qualified buyers. Items belonging to auto parts store and rear stored items are excluded from sale. Sale includes 15 1st St.(parking lot), 31 and 31.1 1st St. Blvd. (building). Underground tank previously removed, two 3,000-gallon fuel oil tanks filled with slurry. Old boiler disabled, remediated. Other remediation (asbestos) completed during 2020 renovation. 21E and other records available.
Strategically located on First Street Boulevard in Lowell’s Centralville neighborhood, this property offers excellent access and visibility within one of the city’s most active commercial and industrial areas. The site is minutes from Route 38, I-495, and Route 3, providing convenient access for logistics, distribution, and operations.
The surrounding area features a blend of light industrial, commercial, and service businesses, with nearby access to downtown Lowell and the Greater Merrimack Valley. The boulevard location allows for efficient truck access and strong vehicular traffic exposure.
This well-positioned property is ideal for warehouse, light manufacturing, contractor, or flex-use operations seeking a central Merrimack Valley location with quick highway access and proximity to the New Hampshire border.
Investment highlights
- Investment or Owner-User Opportunity.
- 5,200 SF office/retail and 2,000 SF storage available.
- Prominent location with excellent exposure; includes multiple parcels and parking.
Listing Contacts
BELL TOWER COMMERCIAL REAL ESTATE GROUP
Listed by BELL TOWER COMMERCIAL REAL ESTATE GROUP
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