$1,999,000

Est. Mortgage $10,372/mo *

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1317 Middlesex St, Lowell, (Highlands), MA, 01851

1317 Middlesex St, Lowell, (Highlands), MA, 01851
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2007

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.

Status:

Active

Town:

Lowell

Type:

Commercial

Zoning:

LI

Parking:

30-car

Acreage:

0.54

Est. Taxes:

$17,868

Utilities

Public Water, Public Sewer, Natural Gas Available

MLS #:

73222562

Buyer Agent Compensation:

2.0

Facilitator Compensation:

2.0

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Tom Courtney, LAER Realty Partners