$2,400,000
1317 Middlesex St Lowell, MA 01851
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$2,400,000
Est. payment /mo
0.54 Acres Lot
UPDATED:
10/08/2024 02:05 PM
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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Listed by LAER Realty Partners
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Adam Gustafson
Broker Manager | License ID: 9565668
Broker Manager License ID: 9565668