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    1 Lilley Ave Lowell, MA 01850

    For Sale
    $699,900

    Commercial Sale - Lowell, MA

    Lot size:
    0.11 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1 Lilley Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NB
    APN
    M:155 B:3600 L:1,3186862
    Lot size
    0.11 Acres

    Building Details

    Year built
    1910
    Architectural style
    Other

    Keller Williams Realty Merrimack Valley (978) 692-3280 [email protected]

    Listing agent Kelly Espinola (978) 692-3280

    Listing date Oct 5, 2025

    MLS# 73423479 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Established Tenants

    This freestanding commercial building located in Lowell, MA, presents an investment opportunity. The property is currently fully occupied by two established businesses: a Chinese restaurant and a Brazilian grocery store. The property also includes its own parking lot, which provides off-street parking for customers and tenants. The property is zoned NB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oxyear foodcourt Chinese Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.31185
    Latitude
    42.657339

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    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey commercial building in Lowell, MA with two established businesses.
    Where is this conventional restaurant located?
    The property is located at 1 Lilley Ave Lowell, MA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Fully occupied with two established businesses (Chinese restaurant and Brazilian grocery store) providing immediate income.; - Turnkey freestanding commercial building, ready for immediate operation.; - Dedicated parking lot with ample off-street parking for customers and tenants.
    (978) 692-3280
    Request Owner's contact information
    1 Lilley Ave Lowell, MA 01850
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    Lowell, MA 01850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Lilley Ave Lowell, MA 01850
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