31 First Street Boulevard, Lowell MA 01850
Lowell, MA 01850
$2,590,000
Est. $15,967/month
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About this home
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 tenant under a 5-year NNN lease for warehousing and inventory, with additional space available for lease or owner occupancy. Warehousing (leased): 18,335 SF, Retail/Office (available): 5,000+/- SF, Rear warehousing/storage (available): 2,000+/- SF. Recent capital improvements include roof, HVAC, electrical, and fire protection upgrades—helping reduce near-term capital needs for new ownership. Located on a high-visibility state highway with strong access and on-site parking. An ideal opportunity for investors seeking stable cash flow with additional leasing/occupancy upside, and for owner-users who can occupy available space while offsetting ownership costs with income from the existing cash flow.
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Property History
Property Timeline
Listed for Sale
May 4, 2026
$2,590,000
Original listing
Agent: Vladimir Saldana
Office: The Edge Group, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/04/2026 | 🏠 Listed for Sale | $2,590,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $32,052 | — |
Financial Details
Annual Property Tax
$32,052
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1920
Living Area
25,535 sq ft
Lot Size
1.23 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, Natural Gas Available, 220 Volts, Three Phase
Financial
Annual Tax
$32,052
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
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.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
For Sale
Year Built
1920
Living Area
25,535 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Lowell School District local
C-
School Safety
2024-25
3.0%
Above Average
2.8%
Suspensions
0.8%
In-School
0.2%
Emergency
2.5% below state avg
Elementary Schools
10 schools
Immaculate Conception School
0.6 mi
Grades PK-08
Lowell Youth Treatment Center
0.7 mi
Grades 01-12
St. Michael Elementary School
0.7 mi
Grades PK-08
St. Louis Elementary School
1.2 mi
Grades PK-08
B
Lowell Community Charter Public School
1.2 mi
|
#154 of 352
|
Score: 44.1
Improved 33 spots from last year
-14.2 below state avg
815 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades PK-08
B
Rogers STEM Academy
1.2 mi
|
#8 of 16
|
Score: 34.3
Improved 265 spots from last year
-23.9 below state avg
895 students
Diverse
Rising School
Diverse Student Body
Grades K-08
Hellenic American Academy
1.3 mi
Grades PK-08
B-
Pyne Arts School
1.4 mi
|
#180 of 352
|
Score: 42.1
Improved 46 spots from last year
-16.1 below state avg
471 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Patrick School and Educational Center
1.4 mi
Grades PK-08
C
Bartlett Community Partnership School
1.9 mi
|
#270 of 352
|
Score: 34.7
Improved 16 spots from last year
-23.5 below state avg
488 students
Diverse
Diverse Student Body
Grades PK-08
Middle Schools
7 schools
C
James Sullivan Middle School
0.6 mi
|
#267 of 352
|
Score: 34.9
Improved 38 spots from last year
-23.3 below state avg
606 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C-
Henry J Robinson Middle School
1.1 mi
|
#288 of 352
|
Score: 32.7
Improved 31 spots from last year
-25.5 below state avg
580 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C
Benjamin F. Butler Middle School
1.7 mi
|
#260 of 352
|
Score: 35.7
Dropped 4 spots from last year
-22.5 below state avg
488 students
Diverse
Diverse Student Body
Grades 05-08
B-
Kathryn P. Stoklosa Middle School
1.8 mi
|
#199 of 352
|
Score: 40.7
Improved 17 spots from last year
-17.5 below state avg
608 students
Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
2.2 mi
15 students
Diverse
Grades 01-08
B+
James S Daley Middle School
2.8 mi
|
#128 of 352
|
Score: 46.6
Improved 47 spots from last year
-11.6 below state avg
686 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C+
Dr. An Wang School
3.0 mi
|
#249 of 352
|
Score: 36.2
Improved 44 spots from last year
-22 below state avg
669 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
4 schools
D
Leblanc Therapeutic Day School
0.9 mi
|
#376 of 346
|
Score: 32.8
Same rank as last year
31 students
Diverse
Diverse Student Body
Grades 09-12
F
Lowell Middlesex Academy Charter School
1.0 mi
|
#337 of 346
|
Score: 22.3
Improved 9 spots from last year
-35.9 below state avg
124 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
1.4 mi
Grades 09-12
F
The Career Academy
1.9 mi
|
#25 of 25
|
Score: 18.1
Improved 363 spots from last year
-40.1 below state avg
108 students
Diverse
Rising School
Diverse Student Body
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$2,671
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
31 First Street Boulevard, Lowell MA 01850
Lowell, MA 01850
Listing Information
Listing Agent
Vladimir Saldana
Listing Office
The Edge Group, Inc.
Office Phone
978-458-8822
Agent MLS ID
CN245218
Office MLS ID
NB9592
Listing Data Updated
Jun 2, 2026 2:12 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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