1317 Middlesex St Pending

Lowell,MA 01851

$ 2400000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 73222562

HOA Y/N false

Year Built 2007

Annual Tax Amount $17,868

Tax Year 2022

Lot Size 0.540 Acres

Acres 0.54

Property 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.

Location

State MA

County Middlesex

Area Highlands

Zoning LI

Direction Middlesex St near Foster St

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available

Waterfront false

Roof Type Shingle

Total Parking Spaces 30

Others

Senior Community false

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