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Four-Story Retail Building
New
For Sale
$2,500,000

134 Merrimack St, Lowell, MA 01852

Upper-level residential conversion is contemplated, subject to zoning, permitting, and required approvals.

Property Size1,880 SF
Days on Market4

Property Features for 134 Merrimack St

General Information

Standard status Active
Size 1,880 SF
Property subtype Commercial

Building Details

Building Size 1,880 SF
Year Built 1880
Buildings 1
Stories 4
Listing Agency: RE/MAX Innovative Properties
Listed By: Brian McMahon · License #9013873
Source: Iverty
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 14 at 8:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Innovative Properties

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Investment Insights

Based on property information with market context.

The four-story building at 134–144 Merrimack Street dates to 1880 and has retail space on the ground floor. The upper three floors are identified for a possible residential conversion, with a preliminary concept of approximately 20 condominiums.

Any change of use or condominium development would require zoning, permitting, and other approvals. No residential conversion or condominium approvals are currently represented as secured; proposed unit count and redevelopment feasibility require independent verification.

Key Highlights

  • Four‑story building constructed in 1880
  • Ground‑floor retail space
  • Preliminary concept calls for approximately 20 condominiums on the upper three floors, subject to approvals

Property Analytics

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Current Use

GDW-African Market Grocery & Convenience Store

Suggested Use

Top Pick Skin Care Clinic Acupuncture Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,571
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Domino's Pizza Dining
4,258 visits/mo 0.4 miles

Demographics for 01852, MA

36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Flowers By Albert — 521 Merrimack St, Lowell, MA 01854

Frequently Asked Questions

What type of property is this?
Storefront property - Upper-level residential conversion is contemplated, subject to zoning, permitting, and required approvals.
Where is this storefront property located?
The property is located at 134 Merrimack St Lowell, MA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four‑story building constructed in 1880; Ground‑floor retail space; Preliminary concept calls for approximately 20 condominiums on the upper three floors, subject to approvals
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