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31 1st St 25,535 SF 79% Leased Industrial Building Lowell, MA 01850 $3,598,028 CAD ($140.91 CAD/SF)
Executive Summary
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.
• 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.
Property Facts
| Price | $3,598,028 CAD | Rentable Building Area | 25,535 SF |
| Price Per SF | $140.91 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1920 |
| Property Type | Industrial | Parking Ratio | 1.57/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.82 AC | ||
| Zoning | B100 - CA | ||
| Price | $3,598,028 CAD |
| Price Per SF | $140.91 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 25,535 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Parking Ratio | 1.57/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | B100 - CA |
Amenities
- Signage
- Waterfront
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Anco Signs & Stamps Inc.
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Anco Signs & Stamps Inc. | - | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Renovated light industrial and office/retail property offering excellent visibility, accessibility, and flexible use potential. The building is partially occupied by a national auto parts retailer under a long-term NNN lease, with 5,250+/- SF of office/retail space and 1,950 SF of storage space currently available for lease.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,250 SF | Industrial | - | Now |
1st Floor
| Size |
| 5,250 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
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1st Floor
| Size | 5,250 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Renovated light industrial and office/retail property offering excellent visibility, accessibility, and flexible use potential. The building is partially occupied by a national auto parts retailer under a long-term NNN lease, with 5,250+/- SF of office/retail space and 1,950 SF of storage space currently available for lease.
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Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | LOWE-000177-002327-000031 | Improvements Assessment | $1,724,692 CAD |
| Land Assessment | $244,916 CAD | Total Assessment | $1,969,608 CAD |
Property Taxes
Parcel Number
LOWE-000177-002327-000031
Land Assessment
$244,916 CAD
Improvements Assessment
$1,724,692 CAD
Total Assessment
$1,969,608 CAD
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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31 1st St
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