Exceptional opportunity to own a great building in the heart of Downtown Lowell . This single-story brick building combines historic charm with modern upgrades, featuring a bright, open dining room with soaring 12’ ceilings, exposed brick walls, large storefront windows, and a welcoming bar. The great long term tenant in place with fully equipped kitchen with additional highlights include central AC, gas heat, polished finishes, and a full unfinished basement for storage. Surrounded by shops, offices, and event venues, this location benefits from heavy foot traffic, excellent visibility, and nearby parking. Ideal for launching a new concept or expanding your portfolio, this turnkey property offers unbeatable character, functionality, and investment potential in one of Lowell’s most vibrant districts. A rare find combining character and prime downtown visibility!
197 Market St, Lowell, (Downtown), MA, 01852
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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