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    15-17 Kearney Sq Lowell, MA 01852

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    For Sale
    $1,299,900

    Prime location with restaurant and bar spaces, development potential.

    Building Details

    Year built
    2007

    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 and Bar

    This property offers a unique opportunity in downtown Lowell, featuring two separate spaces with significant potential. The front unit, a 2,684 square foot full-service restaurant, includes all attached equipment. The rear unit, formerly a bar space, measures 1,815 square feet and could continue as a bar or be combined with the front area by opening a wall. The sale includes half of a 14-foot wide alleyway that abuts the Eastern Canal and the building, known as 27 Kearney Sq, providing approximately 4,000 square feet. Currently, this area is used as outside seating for the restaurant, but it could be utilized to its fullest extent. The property is located in the heart of downtown Lowell, within walking distance of Middlesex Community College, The Lowell Auditorium, The Lowell Connector, and the Train/Bus Station.
    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, 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 and bar spaces, development potential.
    Where is this restaurant located?
    The property is located at 15-17 Kearney Sq Lowell, MA.
    What is the asking price?
    The asking price for this property is $1,299,900.
    What are key features of this property?
    This property features: - Prime downtown Lowell location with high foot traffic and proximity to key amenities.; - Includes a fully equipped, 2684 sq ft full-service restaurant ready for immediate operation.; - Features a separate 1815 sq ft space, formerly a bar, offering flexible use options.
    (978) 423-3364
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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 Kearney Sq Lowell, MA 01852
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