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.
MLS# | 73283861 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 141 |
Listing Provided By | LAER Realty Partners | Spiro Skinsacos |
Bath(s) | 4 |
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SQ Feet | 4,586 |
Zoning | UMU |
Acreage | 0.05 |
State | MA |
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County | Middlesex |
City | Lowell |
Zip Code | 01852 |
Area | Downtown |
Listing VS Median (in 01852) | |
Price: $739,000 low | high Med: $369,900 SqFt: 4,586 low | high Med: 1,072 $ / SqFt: $161 low | high Med: $345 On Site: 141 low | high Med: 13.000000 |