GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 2,232,000
$ 2,400,000 7.0%
Est. payment /mo
Sold on 04/16/2025
1317 Middlesex St Lowell, MA 01851
0.54 Acres Lot
UPDATED:
Key Details
Sold Price $2,232,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73222562
Year Built 2007
Annual Tax Amount $17,868
Tax Year 2022
Lot Size 0.540 Acres
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
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Shingle
Listed by LAER Realty Partners
Bought with Anthony Gebrael • Coldwell Banker Realty - Canton
Bought with Anthony Gebrael • Coldwell Banker Realty - Canton