Water Views
Address
1317 Middlesex St, Lowell, MA
Price
$ 1,999,000
Property Attributes
- MLS#73222562
- TypeCommercial
- CountyMIDDLESEX
- CityLowell
- AreaHighlands
- Zip01851
- StyleIndustrial
- Year Built2007
- Taxes$ 17868
- Price$ 1,999,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.54 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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. 11-coin operated vacuums and additional parking. Great potential for yearly membership-based business model where you sell unlimited washes and vacuum. 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 for 13 residential units.
| Price History | |
|---|---|
| 4/10/2024 | Listed $1,999,000 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available |
|---|---|
| Roof | Shingle |
| Zoning | LI |
| Year Built | 2007 |
| Tax Year | 2022 |
| Business Type | Industrial |
| County | Middlesex |
| Net Operating Income | 300000 |
| Operating Expense | 53000 |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Middlesex St near Foster St |
| City | Lowell |
| Disclosures | Buyer to do due diligence. |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| MLS Area | Highlands |
| Lot Size Square Feet | 23626 |
| Waterfront Y/N | No |
| Street Name | Middlesex St |
| Tax Annual Amount | 17868 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Exterior Features
| Total Parking | 30 |
|---|---|
| Lot Size Area | 0.54 |
| Lot Size Acres | 0.54 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 01851
Price
Taxes
Visits
Year Built
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