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    429 Riverside St Lowell, MA 01854

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    For Sale
    $475,000

    Former auto repair shop on high-traffic street near UMass Lowell.

    Property size:
    2,016 SF
    Lot size:
    0.08 Acres

    Property Features for 429 Riverside St

    General Information

    Size
    2,016 SF
    Lot size
    0.08 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

    Auto Repair Shop For Sale

    This former auto repair shop, situated on a 7,170 square foot lot on a high-traffic street, presents an opportunity to own an income-producing business. The property is located near the Lowell/Dracut line and within walking distance of the UMass Lowell North Campus. Previously operated as an auto repair and towing business, the property's frontage spans from Lafayette to New York Streets. The 2,016 square foot building includes two garage doors, three auto lifts, an office, a small customer waiting area, a restroom, and off-street parking. Environmental due diligence has been completed, and a report will be filed with Mass DEP, concluding a condition of 'no significant risk'.
    Insight Report Location Intelligence

    Current Use by Public Records

    Boss guy J ... Auto Repair Shop Cachito’s Towing, LLC Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    S.W.A.T. Automotive Services Inc, Empire Truck Tires Of New England, Dunlavey's Auto, Pro Car Auto Repair, TMK Mobile Mechanix

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3249965
    Latitude
    42.6601652

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    FAQs

    What type of property is this?
    Auto shop - Former auto repair shop on high-traffic street near UMass Lowell.
    Where is this auto shop located?
    The property is located at 429 Riverside St Lowell, MA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - High-traffic location ideal for business.; - Immediate income-producing opportunity.; - Large 7,170 SF lot near UMass Lowell North Campus.
    (978) 251-5894
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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
    429 Riverside St Lowell, MA 01854
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