Upvoted answer din't work for me, It was fixed by editing connection line as follows(replace semicolons with coma and also remove those quotes):
import pyodbc
cnxn = pyodbc.connect(DRIVER='{SQL Server}',SERVER=SQLSRV01,DATABASE=DATABASE,UID=USER,PWD=PASSWORD)
cursor = cnxn.cursor()
cursor.execute("SELECT WORK_ORDER.TYPE,WORK_ORDER.STATUS, WORK_ORDER.BASE_ID, WORK_ORDER.LOT_ID FROM WORK_ORDER")
for row in cursor.fetchall():
print row