Property Description

Discover an exceptionalCOMMERCIAL / MIXED USE opportunity in the heart of Lowell, MA. It is ideally located near major highways for easy access. This well-maintained property features an oversized garage bay with ample storage, making it perfect for a variety of businesses. With plenty of private office space, you can create an efficient work environment tailored to your needs. In addition to the spacious shop and first floor office spaces, the property includes a spacious 2-bedroom apartment located above the business, providing a fantastic opportunity for passive income. **We also have blueprints for an addition - a mirrored two bedroom apartment above the garage to double your passive income!** Enhanced by brand new high-efficiency heating and cooling systems throughout the building, this versatile space is ready to accommodate many types of enterprises. Don’t miss the chance to invest in this prime location with endless potential!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 2
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Common Rooms: Kitchen, Living Room, Mudroom, Office/Den
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Common, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil, Steam
  • Common Cooling: Central Air, Individual, None

Financial

  • APOD Available: No
  • Gross Operating Income: 24000
  • Net Operating Income: 24000

Utilities

  • Electric Info: 150 Amps, 200 Amps
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1983
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73351676
  • Last Updated: 03/28/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/31/2025Active$675,000$260MLSPIN
03/28/2025New$675,000$430MLSPIN
03/27/2025New$675,000$260MLSPIN

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Seller's Representative: Jillian Graciale, EXIT New Options Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-28 15:02:00