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    110 Gorham St Lowell, MA 01852

    For Sale
    $649,900

    Mixed-use building with restaurant and residential units in Downtown Lowell.

    Lot size:
    0.05 Acres

    Property Features for 110 Gorham St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1900

    Source: LAER Realty Partners Agent Spiro Skinsacos

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

    Overview

    Mixed-Use Restaurant/Residential Building

    A mixed-use building featuring a restaurant and residential units is available in Downtown Lowell. The property includes two three-bedroom apartments on the upper floor, characterized by an open floor plan and natural light. The restaurant lease has four months remaining. The property is situated near downtown Lowell and major routes including Route 495 and the Lowell Connector. The property is being offered in as-is condition. The bar was a gathering place for Jack Kerouac fans.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Keep Restaurant

    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
    -71.3085861
    Latitude
    42.640316

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with restaurant and residential units in Downtown Lowell.
    Where is this mixed-use property located?
    The property is located at 110 Gorham St Lowell, MA.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Positive cash flow from mixed-use Restaurant/Residential building.; - Excellent location near downtown Lowell, Route 495, and the Lowell Connector.; - Two spacious three-bedroom apartments with open floor plan and abundant natural light.
    (978) 815-1668
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    110 Gorham 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
    110 Gorham St Lowell, MA 01852
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