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      978-851-7364 jeff@jborstell.comProudly serving the Merrimack Valley, areas north of Boston and southern New Hampshire

      1418 Middlesex Street, HighlandsLowell, MA 01851MLS Number 72365059

      • Price: $2,150,000The price has recently decreased
      • 96 Days on Market
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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.85% last updated on 2018-10-18

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 6440Square Feet
      • 3.83Acreage
      • 1955Year Built
      • 75Parking Spaces

      Opportunity to own two income generating businesses. The first well established business is a specialty auto parts store specializing in alarms, starters, tires and rims, audio, tint and graphics among many other product lines. The property consists of a 3.8 acre lot with 354 feet of frontage on a highly traveled corridor with a 5,720 square foot building with a 3000 square foot showroom and several bays with lift for auto repair / installation of products. This highly profitable business has revenues of $1,002,000 and a cash flow of $486,000 and has 40 years of goodwill with an excellent reputation for customer service and a loyal clientele. In addition to the specialty auto parts business there is a 720 square foot building with 65 approved spaces to sell cars, with potential to add 40 more spaces. This space is leased to a highly profitable auto dealer at $5,500 / month. Subdivision possible or keep both businesses.

      Listed by The Courtney Group and Chris Gill of LAER Realty Partners

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      J. Borstell Real Estate

      Your Local Office

      J. Borstell Real Estate
      1057 Main St
      Tewksbury MA, 01876

      Office: (978) 851-7364

      More Info

      Parking

      • Parking Spaces75
      • Parking FeatureGarage,21+ Spaces, Paved Driveway

      Building

      • Year Built1955
      • ConstructionStone/Concrete
      • Total Units2
      • Total Bldg Sf6440
      • Wau Units1
      • No Of Driving Doors3
      • Reu Units1
      • No Buildings2
      • No Of Restrooms2
      • No Stories1
      • SprinklersYes
      • Sub DividableYes
      • Entry OnlyNo
      • ElevatorNo
      • Assessed Value Bldg235000
      • DividableYes
      • Undrgrnd TankNo

      Auction

      • Special FinancingYes

      Photos

      • Photo Date2018-07-20T09:33:00
      • Number of Photos22

      Basic Information

      • StatusACT
      • MLS Number72365059
      • Prop TypeCI
      • Status Date2018-09-25T13:36:00
      • Date Listed07/19/2018
      • List Price$2,150,000
      • Price Per Square Foot$334
      • LeaseNo
      • DirectionLowell Connector to Stevens St. to Middlesex St.

      Interior

      • Ceiling Height17

      Exterior

      • Railroad SidingNo
      • Roof MaterialRubber

      Utilities

      • UtilitiesPublic Water, Natural Gas, 220 Volts

      Location

      • Building Number1418
      • Street No1418
      • StreetMiddlesex Street
      • TownLowell
      • StateMA
      • Zip01851
      • Zip Code 41222
      • CountyMiddlesex
      • NeighborhoodHighlands
      • LocationUrban

      Property

      • Acreage3.83
      • Net Operating Inc486000
      • Space AvailableFor Sale
      • Site ConditionLevel
      • Square Feet6440
      • SubletNo
      • Lot Size166835
      • Frontage354
      • Gross Annual Income1000250
      • Handicap AccessYes
      • Condo AssociationNo
      • Assessed Value Land193400
      • Main LoAN1199

      Other

      • Modification Date2018-09-29T04:05:00
      • Property TypeCommercial
      • Listing AlertNo
      • Year Built SourcePublic Record
      • DisclosureNo
      • Depth836
      • Book146
      • Listing AgreementExclusive Right to Sell
      • Waf Bldg Sf5470
      • Off Bldg Sf500
      • Ref Bldg Sf470
      • Plat PlanYes
      • ExchangeNo
      • Firm Rmk1Seller willing to help with financing.
      • Page307
      • View Count79

      The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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