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    380 Lawrence St Lowell, MA 01852

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    For Sale
    $699,900

    Land for sale with approved commercial/restaurant redevelopment plans.

    Lot size:
    0.28 Acres

    Property Features for 380 Lawrence St

    General Information

    Lot size
    0.28 Acres

    Source: Moore Real Estate Agent Derek Cotoni

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

    Overview

    Commercial Land with Approved Plans

    This 0.28-acre corner lot is located at the intersection of Lawrence Street and Rogers Street in Lowell, MA. The property has ZBA approval for a three-level commercial/restaurant building totaling approximately 8,850 square feet, with a 2,950 square foot footprint. The approved plans include a basement level of approximately 2,950 square feet designed for a prep kitchen, cooler, freezer, storage, and employee break room. The street level, also approximately 2,950 square feet, is designed for a restaurant kitchen with 72 indoor seats and an additional 32 outdoor seats. The second floor, with approximately 2,950 square feet, is designed for 3 commercial suites. The design includes elevator access to all three levels. The location offers significant visibility and accessibility due to its position at a busy 5-way traffic light. Approved plans are available upon request.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -71.303337
    Latitude
    42.6363635

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    FAQs

    What type of property is this?
    Commercial land - Land for sale with approved commercial/restaurant redevelopment plans.
    Where is this commercial land located?
    The property is located at 380 Lawrence St Lowell, MA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - ZBA Approval for Commercial/Restaurant Redevelopment: Streamlines the development process.; - Approved for 8,850+/- SF Three-Level Building: Provides substantial space for a restaurant and commercial suites.; - Prime Corner Lot Location: Offers significant visibility and accessibility due to the busy 5-way traffic light.
    (978) 955-0624
    Request Owner's contact information
    380 Lawrence St Lowell, MA 01852
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    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
    380 Lawrence St Lowell, MA 01852
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