31 First Street Boulevard, Lowell MA 01850

Lowell, MA 01850
$2,590,000
Est. $15,967/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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25,535
Sq Ft
$101
Price/Sq Ft
1.23
Acres
1920
Year Built
141
Days on Market
For Sale Listed May 4, 2026 • MLS# 73512139 Copied! • Updated Sep 22, 2026

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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.

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
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
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
Fee Includes None
Amenities None
Optional Fee Includes None
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.
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

Interior Features

Flooring:
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Construction & Materials

Year Built: 1920
Structure Type:
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Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
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Exterior & Lot

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Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,671
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

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 Sep 22, 2026 11:41 AM 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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Steve Novak Real Estate
Steve Novak Real Estate
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