Mixed-Use Building with
New
For Sale
$2,099,000
1 Merrimack St, Lowell, MA 01852
Five ground-floor retail spaces sit below office suites spanning the second and third floors.
Property Size15,579 SF
Price / SF$134.73
Days on Market5
Property Features for 1 Merrimack St
General Information
Standard status
Active
Size
15,579 SF
Property subtype
COMMERCIAL
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$22,788
Building Details
Building Size
15,579 SF
Year Built
1880
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Merrimack Realty Group, Chelmsford
Listed By:
Timothy R. Shanahan
(978) 423-6403
Source:
Donnellyandco
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Merrimack Realty Group, Chelmsford
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Investment Insights
Based on property information with market context.
At 1 Merrimack St in Lowell, the 15,579-square-foot Simpson Block dates to 1880 and is zoned DMU. Five retail spaces occupy the ground level, while office suites fill the second and third floors. Architectural plans show the potential for 12 residences on the upper floors, offering an alternative to the existing office layout.
The property is in Downtown Lowell, steps from public transportation, Middlesex Community College, UMass Lowell, restaurants, and shopping. A city parking garage is across the street.
The property is in Downtown Lowell, steps from public transportation, Middlesex Community College, UMass Lowell, restaurants, and shopping. A city parking garage is across the street.
Key Highlights
- 15,579‑square‑foot building constructed in 1880
- Five retail spaces on the ground floor
- Office suites occupy the second and third floors
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,960
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
Dunkin' Donuts
Dining
8,395 visits/mo
0.2 miles
7-Eleven
Shops & Services
5,219 visits/mo
0.5 miles
Domino's Pizza
Dining
4,258 visits/mo
0.3 miles
BP
Shops & Services
3,256 visits/mo
0.4 miles
Little Caesars Pizza
Dining
1,991 visits/mo
0.4 miles
Demographics for 01852, MA
36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five ground-floor retail spaces sit below office suites spanning the second and third floors.
Where is this mixed-use property located?
The property is located at 1 Merrimack St Lowell, MA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: 15,579‑square‑foot building constructed in 1880; Five retail spaces on the ground floor; Office suites occupy the second and third floors
