31 First Street Boulevard Lowell, MA ^$ 2,495,000

31 First Street Boulevard

^$ 2,495,000

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31 First Street Boulevard

Lowell, MA, 01850

^$ 2,495,000

Studio Baths0.0 Sq 25,730

Monthly Estimate*

^$ 16,583

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Studio

Commercial Property for sale in Lowell, MA

for $2,495,000. This 25,730 square foot building was built in 1920 on a lot size of 1.23.

Great location, condition and potential for investor or owner user. Flexible renovated light industrial and retail income property with multiple use possibilities. Auto parts store rents retail portion of building (8,500 SF) with net lease and renewal option. See agent for lease terms. Light industrial property presently used by owner includes space for assembly, light manufacturing, warehousing, plus has reception/display areas, kitchen, conference room and potential for additional retail in front area. Roof, HVAC and fireprotection systems recently replaced as part of prior renovations. SBA loan for a portion of debt may be assumable for qualified buyers. Traffic count at First Street is 17,949 average automobiles per day. Building and parking are separate parcels under same ownership.

Commercial Active

Price

^$ 2,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 32,637

Style

Industrial

Lot Size

1.23

Year Built

1920

Town/City

Lowell

County/Region

Middlesex

MLS | Web ID

73221628

List By

Fred D. Faust

Listing Agent

The Edge Group, Inc.

Broker

Affordability Calculator

$19,302

Per Month

Monthly Principal & Interest: $16,583
Monthly Property Taxes: $2,720
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Lowell, MA

Average List Price ^$1,114,947

Percent of Sale Price 55%

About Lowell, MA

108,768 Population

4% Since 2002

^$49,465 Median Income

36.2 Median Age

29% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
4/9/2024	$2,495,000		Listed Price

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31 First Street Boulevard, Lowell, MA, 01850 is a Commercial Property for sale at $2,495,000 with 25,730 sqft and a lot size of 1.23. 31 First Street Boulevard is a studio with 0.0 baths and was built in 1920. The property's zip code is 01850 which is in Lowell, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/10/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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31 First Street Boulevard

Commercial Property for sale in Lowell, MA

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