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31 First Street Boulevard

Lowell, MA 01850
  • $2,495,000
  • STATUS: Active
  • MLS #: 73221628
UPDATED: 75 min ago
$2,495,000
  • 0
    BEDS
  • 1.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,730
    SQFT
  • $97
    $/SQFT
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing courtesy of Fred Faust of The Edge Group, Inc..

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.

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The property listing data and information 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 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 set forth herein. Data last updated 2024-07-21T18:05:06.017.
www.maloneypropertiesrealestate.com/homes/149457098
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31 First Street Boulevard Lowell, MA 01850

  • Price: $2,495,000
  • Status: Active
  • On Site: Days
  • Updated: 75 min ago
  • MLS #: 73221628
0
Beds
0
Baths
0
½ Baths
1.23
Acres
25,730
SQFT
$97
$/SQFT
1920
Built
County:
Middlesex
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.
Exterior Features

Parking Total 40 Waterfront YN No

Interior Features

Building Area Total 25730

Property Features

Association YN No Business Type Industrial Buyer Agency Compensation 1.5% Disclosures Sale includes 15 First St. (parking lot) and 31 First Street Boulevard (building). Underground tank removed in 1988 and two 3000 gal. fuel oil tanks filled with slurry. Asbestos remioved upon prior sale. Previous 21 Report and documentation available. Old boiler in crawl space has been disabled. Home Warranty YN No Senior Community YN No Tax Annual Amount 32637.13 Tax Year 2023 Transaction Broker Compensation 0 Utilities Public WaterPublic SewerNatural Gas Available220 VoltsThree Phase Zoning CA

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Fred Faust of The Edge Group, Inc.: 978-458-8822.


The property listing data and information 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 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 set forth herein. Data last updated 2024-07-21T18:05:06.017.
 
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Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Fred Faust of The Edge Group, Inc..