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    175 Salem St Lowell, MA 01854

    For Sale
    $50,000

    Business Opportunity - Lowell, MA

    Days on Market:
    136
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 175 Salem St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    UMF

    Building Details

    Year built
    1917
    Architectural style
    Other

    RE/MAX Innovative Properties (603) 434-4101 [email protected]

    Listing agent Raymond Boutin (978) 452-4432

    Listing date Jul 23, 2025

    MLS# 73320393 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

    Established Market with Expansion Potential

    This well-established market, operating for over a century, is located close to UMASS Lowell. The business has seen over $85,000 in upgrades in the past 6 years, including new display coolers, fridge units, freezers, and mini split systems. The turnkey business is known for prepared foods and groceries, including the Famous Cote's Beans, and is ready for expansion with 9 pizza ovens. An Ancil system and a security system are already installed. The storage area includes 2 walk-in coolers and a walk-in freezer, with additional storage available in the basement. A long-term lease is available with extension. The business has Lottery, cigarettes, and EBT, plus both on and off street parking. The owner is willing to stay on to train the new owner. The property is zoned UMF.
    Location Intelligence

    Current Use by Public Records

    Cote's Market Grocery Store

    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.

    Similar Places Nearby

    Market Basket, New World

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.322197
    Latitude
    42.649108

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    FAQs

    What type of property is this?
    Grocery and convenience store - Turnkey market with upgrades, expansion potential, and long-term lease.
    Where is this grocery and convenience store located?
    The property is located at 175 Salem St Lowell, MA.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Turnkey business with established reputation (over 100 years) and loyal customer base.; - Recent upgrades totaling over $85,000 in the past 6 years, including new coolers, fridge units, freezers, and mini-split systems.; - Ready for expansion with 9 pizza ovens and existing Ancil system.
    (978) 452-4432
    Request Owner's contact information
    175 Salem St Lowell, MA 01854
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    Lowell, MA 01854
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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
    175 Salem St Lowell, MA 01854
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