1317 Middlesex St , Lowell, MA 01851
Lowell, MA 01851
Description
Commercial Multi - use investment property with three separate buildings with total of 18,000 square feet. All bays and car wash are rented out, with revenue of $25,000. All tenants month to month, or seller will sign longer term leases if buyer desires. Building one is a 2 bay Mark VII 24/7 self-automated touchless car wash and commercial kitchen currently a Caribbean spice take-out restaurant. Building 2 is 5 self-clean bay car wash units. Building 3 is 5 rented industrial bay units with full 2nd floor ready for build out, seller has approval for 20 storage units. 11-coin operated vacuums and additional parking. Auto sales, auto repair, self-storage, warehouse, office, laboratory just some of many allowed uses, as well as marijuana cultivation, manufacturing or testing. This property abuts the entrance to the Riverview apartments which houses 1000 UMASS students. Seller is applying to city of Lowell for 40 residential units.
Details
| MLS# | 73222562 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 163 |
| Listing Provided By | LAER Realty Partners | Tom Courtney |
Features
| Zoning | LI |
|---|---|
| Acreage | 0.54 |
Market Activity 01851
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01851 |
| Area | Highlands |
| Listing VS Median (in 01851) | |
Price: $2,400,000 low | high Med: $415,000 On Site: 163 low | high Med: 24.000000 | |