Multi – use investment property with a cap rate of 12. Three separate buildings with total of 18,000 square feet. Building one is a 2 bay Mark VII 24/7 self-automated touchless car wash and commercial kitchen currently a take-out restaurant. Building 2 is 5 self-clean bay car wash units. Building 3 is 5 rented industrial bay units with office / storage units on 2nd floor. 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. Residential use may be possible.
Property Details
Price:
$1,799,000
MLS #:
73069045
Status:
Active
Beds:
0
Baths:
0
Address:
1317 Middlesex St
Type:
Commercial
City:
Lowell
Listed Date:
Jan 9, 2023
State:
MA
ZIP:
01851
Subdivision:
Lot Size:
23,626 sqft / 0.54 acres (approx)
Year Built:
2007
Schools
Interior
Exterior
Roof
Shingle
Financial
Buyer Agent Compensation
2.0%
Tax Year
2022
Taxes
$6,620
Map
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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.
1317 Middlesex St
Lowell, MA
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