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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
THIS PROPERTY IS ZONED FOR MARIJUANA CULTIVATION FACILITY. 3.83 ACRES WITH EXISTING 5,720 SQUARE FOOT BUILDING. The established business is an award winning 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.
Listed by The Courtney Group and Chris Gill of LAER Realty Partners
Excellent condition, high ceiling, fully rehabbed mill property. This mill section is portion of Western Avenue Studios, which includes artist and residential rental space. Move-in ready, also features executive offices, support areas and conference rooms. Front office/demo space adjacent to warehouse space. Uses include light manufacturing, storage and/or distribution. Space is accessible.
Listed by Fred D. Faust and Chip Chaunamom of The Edge Group, Inc.
Don't miss out on this opportunity to purchase this 19 Unit Apartment Complex close by the UMASS Lowell East Campus Entrance. This complex is comprised of three lots (2 buildings and parking lot). All utilities are separated and roof is in great shape. 100% occupied with no leases, all tenants are TAW. This Apartment is in a great location and will NOT last long on the market. NOI is $141,166.03
Listed by Walter Zenkin and John Woodman of AA Premier Properties, LLC
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. There is a 10 ton overhead crane on the second floor. 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
6 Unit townhouse style building. Each unit has 4 bedrooms, 1 bath, basement. All newer heating systems approximately 2 years old. De-leaded and section 8 approved. See attached rental and expense sheet.
Listed by Team Barrett Caouette and Carole Barrett of LAER Realty Partners
6 unit building consist of: Six-3 bedroom units, spacious units approx. 1,050 sq. ft. tenant paid utilities & occupancy permits. Recent improvements: electric service upgraded to 200 amps. 2017 new decks,1unit has newer kitchen, floor & bathroom. Shows strong return!
Listed by James Yannios of Yannios R E Investment Brokerage
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