Lowell Mixed-Use Investment
For Sale
$2,899,000
101-107 Gorham Street, Lowell, MA 01852
Two-building mixed-use asset with commercial and residential spaces.
Property Size19,700 SF
Price / SF$147.16
Days on Market191
Property Features for 101-107 Gorham Street
General Information
Standard status
Active
Size
19,700 SF
Zoning
UMU
Site & Location
Neighborhood
Back Central
Taxes and HOA fees
Annual Taxes
$16,421
Building Details
Building Size
19,700 SF
Year Built
1888
Listing Agency:
LAER Realty Partners
Listed By:
Spiro Skinsacos
(978) 815-1668
Source:
Laerrealty
Added: Apr 25
Changed: Nov 1
Last Checked: Nov 1 at 2:41AM
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 LAER Realty Partners
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Investment Insights
Based on property information with market context.
Located on Gorham Street in Lowell, this mixed-use investment opportunity comprises two buildings at 101-107 Gorham Street. The four-level asset offers strong street presence and excellent visibility. It features ground-floor commercial space with residential units above. 101 Gorham Street contains approximately 18 studio-style residential units. 107 Gorham Street consists of a vacant residential space configured in a rooming-house style layout with potential for future rental use or reconfiguration. The property benefits from consistent traffic, prominent frontage, and convenient access to Downtown Lowell, the Lowell Connector, public transportation, and nearby retail and dining amenities. This is a rare opportunity to acquire a substantial mixed-use asset with long-term upside in an active and evolving market.
Key Highlights
- Mixed‑use asset with ground‑floor commercial space and residential units above.
- Highly visible location on Gorham Street with strong street presence.
- Convenient access to Downtown Lowell, the Lowell Connector, public transportation, and nearby retail and dining.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,293
Businesses Nearby
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Business Placement
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 Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building mixed-use asset with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 101-107 Gorham Street Lowell, MA.
What is the asking price?
The asking price for this property is $2,899,000.
What are key features of this property?
This property features: Mixed‑use asset with ground‑floor commercial space and residential units above.; Highly visible location on Gorham Street with strong street presence.; Convenient access to Downtown Lowell, the Lowell Connector, public transportation, and nearby retail and dining.
