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$ 739,000
Est. payment | /mo
4,586 SqFt
$ 739,000
Est. payment | /mo
4,586 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,586 sqft
Price per Sqft $161
MLS Listing ID 73283861
HOA Y/N false
Year Built 1900
Annual Tax Amount $12,089
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Description
A prime investment opportunity presents itself in Downtown Lowell with a mixed-use Restaurant/Residential building. This property features positive cash flow, outstanding maintenance, and includes two spacious three-bedroom apartments on the upper floor, boasting an open floor plan with abundant natural light. The restaurant lease has one year remaining. Situated just moments from the bustling center of downtown Lowell and key thoroughfares like Route 495, the Lowell Connector, and Route 3, its excellent location greatly enhances its appeal. The property is available as-is, offering remarkable value. Swift action is advised to capitalize on this rare chance.
Location
State MA
County Middlesex
Area Downtown
Zoning UMU
Direction Appleton St. to Gorham St.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Others
Senior Community false
Listed by LAER Realty Partners
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449