Investment Opportunity - New to the Market and Located in a designated Qualified Opportunity Zone (QOZ)

Listing was updated at: 06/14/2020
Property Overview
Price/Rent PSF $ 2,995,000.00
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 33,000
Date Available 06/12/2020
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Floors 2
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Located in the heart of historic downtown Lowell, the property is located in a Qualified Opportunity Zone (QOZ) which was created to spur economic development by providing investors with tax benefits. The parcel is approximately 1.04 acres and it abuts the Merrimack River.

2 story brick and beam office/ medical/ adult day health/ daycare building located on 1.04 acres. The property is located in the Downtown Mixed Use District which allows for many different types of residential or commercial uses. Currently, the first floor is available for an owner/user and the second floor is fully leased.

The building is conveniently located in the heart of historic downtown Lowell and has easy access to the Lowell Connector. The available space is subdividable and is built out with a mix of private offices and open areas throughout. The previous tenant operated an adult day health center but the space lends itself to many different types of uses.