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Former Bar/Restaurant with Second Floor Office in Lowell, MA

Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA Former Bar/Restaurant with Second Floor Office in Lowell, MA

Property Overview

Price/Rent PSF $ 849,900.00
Asset Type Restaurant
Secondary Asset Type Office
Trade Type Sale
SQ. FT. Available 9,856
Date Available 06/23/2020
Additional URL Link
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Description

Great opportunity to own a well established business with building in a prime downtown location located in Opportunity Zone with many tax benefits. Cappy's Copper Kettle has been serving a dedicated clientele for over forty years. Second floor office space now vacant (4928 SQFT), can be developed into residential units. 15 seat bar with a capacity of 156 people. Originally a 4 story building, potential to add 2 stories in DMU (Downtown Mixed Use) zone with many allowed uses. Great location one block from the Edward Early Jr. Parking Facility, and walking distance to UMASS Lowell Conference Center and Hotel and Middlesex Community College. 3 Phase electric, roof and heating system under 10 years old. All front windows new. Seller willing to work with buyer during transition of business.

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