Commercial for Sale: 1317 Middlesex St, Lowell, MA 01851

$2,400,000
$2,400,000
1317 Middlesex St, Lowell, MA 01851
$2,400,000
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Price:
$2,400,000
$800,000 - 08/19/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.54 acres
Year Built 2007
City Lowell
County Middlesex
MLS 73222562
Status Pending
DOM 231 days
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.

Lot & Building Features

Tax Year 2022
Taxes Paid $17,868
Roof Shingle

Price History of 1317 Middlesex St, Lowell, MA

Date Name Price Difference
08/19/2024 Price Adjustment $2,400,000 25.00%
07/16/2024 Price Adjustment $3,200,000 45.45%
06/06/2024 Price Adjustment $2,200,000 10.06%
04/10/2024 Listing Price $1,999,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Theresa Martens
Office
PO Box 101
Merrimack, NH 03054
603-384-0070
Listed by LAER Realty Partners, Tom Courtney
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1317 Middlesex St (MLS #73222562) is a commercial listing located in Lowell, MA. This commercial listing is on a lot of 23,626 sqft (or 0.54 acres) and is 17 years old. This property was listed on 04/10/2024 and has been priced for sale at $2,400,000.

Nearby zip codes are 01824, 01826, 01850, 01852 and 01854. This property neighbors other cities such as Billerica, Chelmsford, Dracut and Tyngsborough.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: LAER Realty Partners

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.