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.
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Last Checked: May 7th, 2024 at 5:47am (Source: MLS PIN #73069045)
General Information for 1317 Middlesex St, Lowell MA 01851
Listing ID73069045
Property TypeCommercial Sale / Industrial
Price$1,799,000
Style
CityLowell
CountyMiddlesex
Neighborhood(s)
ZoningLI
Year Built2007
Disclosures for 1317 Middlesex St, Lowell MA 01851
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Compensation Based On
Contact Information for 1317 Middlesex St, Lowell MA 01851