An incredible opportunity awaits with this 1+ ACRE parcel located in the new Multi-Family Overlay (MFON) zone. Situated along the scenic Pawtucket Canal, this property offers a prime location near the LRTA train station, Downtown, and major highways including Route 3 and I-495. With mixed-use zoning, the site presents possibilities for both residential and commercial development. Preliminary plans propose options for 25 townhomes or a 54-unit apartment building. Don’t miss out on this rare opportunity—act quickly!
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Last Updated: December 22nd, 2024 at 5:23am
General Information for 50 Payne St, Lowell, Massachusetts 01851
Property TypeCommercial Sale
Price$1,400,000
MLS #73320261
List Date2024-12-17
Special Listing Conditions
StateMassachusetts
Street NamePayne 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
UnparsedAddress50 Payne St, Lowell MA 01851
Zoning
Zoning DescriptionLegal Conforming
Business TypeCommercial
Interior Features for 50 Payne St, Lowell, Massachusetts 01851
* Approx. Living Area Total0 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 50 Payne St, Lowell, Massachusetts 01851
* Parking Spaces20
* Year Built1880
Year Built Details
Year Built Source
Construction Materials
Approx. Street Frontage
Utilities
Disclosures for 50 Payne St, Lowell, Massachusetts 01851
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 50 Payne St, Lowell, Massachusetts 01851
Association Fee$0
Association Fee Frequency
Associaton Fee Includes
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease TypeOther (See Remarks)
OriginalListPrice$1,400,000
Lifestyle Information for 50 Payne St, Lowell, Massachusetts 01851
Association Amenities
Frontage Type
GarageYNNo
Location information for 50 Payne St, Lowell, Massachusetts 01851
Marketing History for 50 Payne St, Lowell, Massachusetts 01851
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PurchaseContractDate
Agent Information for 50 Payne St, Lowell, Massachusetts 01851