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Mixed Use Residential Retail with Optional Business Ownership

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Property Overview

Price/Rent PSF $ 3,700,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 12109.00
Date Available 02/24/2021
Additional URL Link
Floors 3
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Description

Location
The property is located in the southeast corner of the City of Lowell MA. Three (3) mins to the highway intersection of I-495 & Rte 3. This mixed-use commercial property is in a well establish historic neighborhood. It is only five blocks from the main artery leading to the Lowell Connector that takes you to the Interstate.

Sale
Mixed Use Residential / Retail - Six units (5 three bedroom units & a Convivence Store). One Family proudly owned since 1932. Value Add property. One of the legal residential units is being used as storage area for the store.


Separate opportunity tp purchase convivence store business and run it yourself or sell the business and lease store. Current 3 brother ownership has run the business since 1974 and each of the families has prospered and enjoyed this business enterprise.

Location

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