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, seller has approval for 20 storage units. 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. Seller is applying to city of Lowell for 40 residential units.
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Last Updated: October 9th, 2024 at 8:03pm
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General Information for 1317 Middlesex St, Lowell, Massachusetts 01851
Property TypeCommercial Sale
Price$2,400,000
MLS #73222562
List Date2024-04-10
Special Listing ConditionsNo
StateMassachusetts
Street NameMiddlesex St
Unit
CityLowell
Zip Code01851
CountyMiddlesex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress1317 Middlesex St, Lowell MA 01851
Zoning
Zoning DescriptionLegal Conforming
Business TypeIndustrial
Interior Features for 1317 Middlesex St, Lowell, Massachusetts 01851
* Approx. Living Area Total0 sq ft
MLS Area (Major)Highlands
OffMarketDate08/10/2024
Exterior Features for 1317 Middlesex St, Lowell, Massachusetts 01851
* Parking Spaces30
* Year Built2007
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 1317 Middlesex St, Lowell, Massachusetts 01851
Buyer Agent Compensation2.0
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation2.0
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 1317 Middlesex St, Lowell, Massachusetts 01851
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$1,999,000
Lifestyle Information for 1317 Middlesex St, Lowell, Massachusetts 01851
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 1317 Middlesex St, Lowell, Massachusetts 01851
Marketing History for 1317 Middlesex St, Lowell, Massachusetts 01851
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate2024-10-08
Agent Information for 1317 Middlesex St, Lowell, Massachusetts 01851