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These downtown brick buildings come with great income and development opportunity! Residential part includes 11 fully rented units(nine 2 beds & two 1 beds). The buildings have been renovated to ensure decent conditions. Nearly all the apartments have been freshly painted and equipped with newer kitchen and bathrooms. Five retail units are also fully rented with brand new cafe and restaurants and produce consistent revenue. These buildings have potential to increase retail leases! They are located in a desirable position in downtown Lowell next to city hall, providing easy access to surrounding points of interest. UMass Lowell & Merrimack River are just a mile away, and public transportation for easier commute. Lowell Line commuter rail station is in walking distance. Close access to highway makes this a great choice for commuters. About 40 minutes drive to Logan Airport and Boston! There has been no vacancies during ownership and units are fully occupied w/ many long term tenants.
Listed by SK Group and Sue Y. Kim of Keller Williams Realty
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
Situated in the heart of downtown Lowell rests this circa 1825 Greek Revival brick building, currently a mixed-use investment property featuring a restaurant tenant on the first floor with a boarding house / hotel above, overlooking a brick paved courtyard. There are 27-rooms on three living levels with common bathrooms and coin-operated laundry. Historically known as Mrs. Hildreth's Boarding House, the property is believed to have had President Lincoln once speak to the public from the open porch. 278 Central Street Lowell is at the junction of Route 110 in downtown, about 3/4 mile from the Lowell Connector. Buyer to perform all due diligence with respect to rooming house / hotel license requirements.
Repurpose this industrial building. It was built 30 years ago as a cogeneration plant. In its former life it produced steam and electricity. This means the property is connected to the grid and has a large gas line connected to the facility...if that is on your list of requirements. The property also has 2 above ground fuel oil storage tanks(150,000 gallons and 30,000 gallons). The power and steam generation equipment have been removed and the property is now a very large and well built shell of a building. The 10 ton overhead crane would make this a great fabrication facility. Steel Smoke Stack is 135 foot in height. Connection to the electric grid would make a good fit for an energy storage facility. Someone will recognize the quality and value of the infrastructure already in place and come up with a creative adaptive use for this property.
Listed by Edward Wilkins of DCU Realty - Tyngsboro
Downtown Lowell area 3 story Brick building with 2 car garage and parking for 3 cars. Closely located to UMASS Lowell hotel & Conference center courthouse walking distance to Middlesex Community College.
Amazing Opportunity! Beautiful c.1894 Victorian ready to realize your dreams of a truly unique Commercial space! Prime location at the corner of Plain St and Chelmsford St., close to Shops/Highways. Over 2,100+ Sq Ft of space to outfit as you wish. Accessible off-street parking at rear of building.
Listed by Joe Theriault of AA Premier Properties, LLC
Fantastic mixed-use property located at one of the busiest intersections of Pawtucketville. This investment property consists of 5 residential studio apartments and 2 retail spaces. All separate utilities, each unit has forced hot air by gas heat, and central air conditioning. The chocolate store is on a slab, the remainder is a fieldstone foundation that was reinforced with concrete. This is a great opportunity for the savy investor. All showings will be coordinated in group showings to limit the inconvenience to the tenants.
Listed by Nat Ambrosini and Gary Caplice of Dick Lepine Real Estate, Inc.
Opportunity to enter the $5.8 billion car wash industry. Fins Car Wash is a well-established, 2-bay touchless turnkey facility. Located on a corner with a daily traffic count of 18,600+ and traffic speed under 35MPH, makes this a textbook perfect location for a car wash business. Established in 2008 and permitted for 24 hour operation, 7 days/week. Equipment includes Belanger Vector Rapid Wash Touchless system and Unitec Portal T1 payment Station (encased in granite). Price includes business, building, land, and equipment. Confidentially agreement required to receive comprehensive offering memorandum.
Offered is a Highly Visible 2 story Professional mixed use Office Building occupied as a real estate office for the last 40 plus years. Location is PRIME as it is located at the junction of Rt. 38 and Rogers St. centered @ 1/2 mile from Rt 495, UMASS Lowell, and the new Judicial Center in Lowell presently under construction. Traffic count according to NMCOG is @ 26,000 vehicles/day. The building features 12+ rooms, 2 half baths, 2 heating systems one for each floor, private offices, conference rooms, and snack/coffee area. It is completely wired for the internet and has a complete installed phone system. Off-street parking for about 10 cars. If your looking for excellent professional space, ease of accessibility for your clients and NO Parking Meters this is the location. Financial pre-qualification letter required prior to all showings. Please call the office and set up your showing!!
Listed by Mike Brown of Century 21 G. J. Brown R. E.
A one of a kind, commercially zoned, large office building situated on a large, highly visible, corner lot. This property is a former orthodontic office with reception areas and several offices. Zoning allows for many potential uses. Neighboring lot at 16 Boylston Street (Book 2490, Page 311), included in the sale and is also included in the total lot size above.
Listed by Kelli Gilbride of Dick Lepine Real Estate,Inc.
Two commercial condo units are now being offered for sale located in a beautifully restored Mill building. Many of the original features of the old mill were restored and incorporated into the design of the two condominium units known as C4 and C5 ( currently operating as " Gallery Z "). The two condos have open floor plan with large windows looking onto busy Market St. with high ceilings and original wooden beams. There is also additional storage space in the basement deeded to the condo . The zoning as well as the condo documents allow for a variety of uses for these beautiful spaces such as a Café, Bistro style Restaurant, exercise studios etc.. Call listing agent for further details.
Well-established business on first floor. 2 apts with 2 bedrooms each. 1 apt has 1 bedroom. It is a very desirable intersection with a very high traffic count. You can put your own businesses there the opportunities are endless. With the three apartment you could have income of $4000. Put your business on the first floor with little or no debt.
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