Address
31 First Street Boulevard, Lowell, MA
Price
$ 2,495,000
Property Attributes
- MLS#73221628
- TypeCommercial
- CountyMIDDLESEX
- CityLowell
- Zip01850
- StyleIndustrial
- Year Built1920
- Taxes$ 32637
- Price$ 2,495,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage25730
- Lot Size1.23 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
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.
| Price History | |
|---|---|
| 4/9/2024 | Listed $2,495,000 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available,220 Volts,Three Phase |
|---|---|
| Zoning | CA |
| Year Built | 1920 |
| Tax Year | 2023 |
| Business Type | Industrial |
| County | Middlesex |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | VFW Highway East or West to parking lot entry nearest to Bridge Street. |
| City | Lowell |
| Disclosures | Sale includes 15 First St. (parking lot) and 31 First Street Boulevard (building). Underground tank removed in 1988 and two 3,000 gal. fuel oil tanks filled with slurry. Asbestos remioved upon prior |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| Lot Size Square Feet | 53578 |
| Waterfront Y/N | No |
| Street Name | First Street Boulevard |
| Tax Annual Amount | 32637.13 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Exterior Features
| Total Parking | 40 |
|---|---|
| Lot Size Area | 1.23 |
| Building Area Total | 25730 |
| Lot Size Acres | 1.23 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 01850
Price
Taxes
Visits
Year Built
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