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    58 Prescott St Lowell, MA 01852

    For Sale
    $290,000

    Upgraded commercial condo in historic Lowell, suitable for retail/office.

    Property size:
    1,368 SF
    Lot size:
    0.19 Acres

    Property Features for 58 Prescott St

    General Information

    Size
    1,368 SF
    Lot size
    0.19 Acres

    Source: Bell Tower Commercial Real Estate Group Agent Vladimir Saldana

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lowell Commercial Storefront Condo

    This upgraded first-floor commercial storefront condominium is located on Prescott Street in Lowell. Part of the historic Claflin Block, the 1,368 square-foot unit features hardwood floors, upgraded lighting, and large storefronts. The layout includes two separate sections suitable for potential businesses or galleries, along with a kitchen setup and bathrooms. Constructed in 1880, the property is zoned DMU and is one of 15 units. Situated in the heart of historic Lowell, the location offers a blend of urban amenities and New England charm. This property represents an opportunity to build equity and stability in an attractive and affordable space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Project LEARN Non-Profit Organization The Art of Lashes Beauty Salon Tutto Bene Wine 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.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.307828
    Latitude
    42.6445958

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    FAQs

    What type of property is this?
    Office space - Upgraded commercial condo in historic Lowell, suitable for retail/office.
    Where is this office space located?
    The property is located at 58 Prescott St Lowell, MA.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Highly visible, upgraded first-floor commercial storefront condo.; - Located in the heart of historic Lowell.; - Part of the historic Claflin Block with hardwood floors and upgraded lighting.
    (978) 251-5894
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    58 Prescott St Lowell, MA 01852
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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
    58 Prescott St Lowell, MA 01852
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