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    15-17-27 Kearney Sq, Unit 1-2-C1 Lowell, MA 01852

    For Sale
    $1,999,000

    Prime location with restaurant, bar, and open space.

    Lot size:
    0.24 Acres

    Property Features for 15-17-27 Kearney Sq

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1880

    Source: Merrimack Realty Group, Chelmsford Agent Michael Stuart

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

    Overview

    Downtown Lowell Restaurant/Bar Opportunity

    This property presents a unique opportunity in downtown Lowell, featuring three distinct spaces with significant potential. The front unit is a 2684 square foot full-service restaurant, inclusive of all equipment. The middle unit, formerly a bar, offers 1815 square feet and could continue as a bar or be integrated with the front restaurant area. The rear open space spans 5856 square feet, suitable for various uses such as a function hall, a bar area with a potential music stage, or a separate restaurant. This area could also be subdivided into smaller units. Combining all three spaces could create a comprehensive full-service restaurant, bar, and function hall destination. The sale includes a 14-foot wide owned alleyway, approximately 4,000 square feet, adjacent to the Eastern Canal, known as 27 Kearney Sq. Currently used as outdoor seating for the restaurant, this area offers further development potential. The property is located within walking distance of the Middlesex/Lowell Auditorium.
    Location Intelligence

    Current Use by Public Records

    Bars

    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.

    Similar Places Nearby

    Naturel Juicing, Omkar Foods, Mamas Basement, Infuse Catering Services

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3071966
    Latitude
    42.6451041

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    FAQs

    What type of property is this?
    Restaurant - Prime location with restaurant, bar, and open space.
    Where is this restaurant located?
    The property is located at 15-17-27 Kearney Sq, Unit 1-2-C1 Lowell, MA.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Prime downtown Lowell location with high potential.; - Includes a 2684 sf full-service restaurant with all equipment.; - Features a large 5856 sf rear space adaptable for various uses or subdivision.
    (978) 423-3364
    Request Owner's contact information
    15-17-27 Kearney Sq, Unit 1-2-C1 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
    15-17-27 Kearney Sq, Unit 1-2-C1 Lowell, MA 01852
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