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$ 1,799,900
Est. payment | /mo
10,355 SqFt
$ 1,799,900
Est. payment | /mo
10,355 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,355 sqft
Price per Sqft $173
MLS Listing ID 73547685
HOA Y/N true
Year Built 1880
Annual Tax Amount $21,425
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Once in lifetime opportunity to purchase this prime downtown Lowell location. The sale consists of 3 commercial condo units and the abutting 4,000 sq ft of outdoor space along the canal. The front unit is a 2684 sf full service restaurant that is leased until 2029 and includes all equipment as attached. The middle unit is a vacant 1815 sq ft and could be residential or commercial. The rear unit is a 5856 sq ft of raw space with tons of potential to finish off as commercial or potentially develop 5-6 residential units. Other potential options can include a function hall, bar area with music stage, or a separate restaurant. Also located in close proximity to 4 City parking garages, Davidson Parking lot and on there is on street parking. The property is steps from Middlesex Community College, Lowell Memorial Auditorium, Merrimack Repertory Theatre, Saints Memorial Hospital, U Mass Lowell and all of the Downtown amenities.
Location
State MA
County Middlesex
Area Downtown
Zoning DMU
Direction Downtown Lowell
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by Merrimack Realty Group, Chelmsford