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Retail Investment Opportunity in Lowell
For Lease
Contact for pricing
Pending

19 Merrimack St, Lowell, MA

Historic 4,600 SF building with operating Walgreens and vacant restaurant.

Space Size3,254 SF
Lot Size0.16 Acres
Days on Market522

Property Features for 19 Merrimack St

General Information

Standard status Pending
Size 3,254 SF
Lot size 0.16 Acres
Property subtype RETAIL

Site & Location

Neighborhood Downtown

Spaces For Lease

at 19 Merrimack St
19 Merrimack St PENDING, On Available Date
Floor 1
Size 3,254 SF
Type RETAIL
Rate Contact for pricing
- CRG Commercial is pleased to present 19 Merrimack Street in Lowell, MA. - Boasting a prime location, this meticulously maintained building offers flexible retail and restaurant use with abundant natural light, high ceilings, and a large outdoor patio. - The large hood vent allows for a variety of cuisines. There's a walk in cooler and a walk in freezer. It's turn key and ready for a new tenant to thrive. Highlights - Prime location on Merrimack Street - Abundant natural light and high ceilings - 18-20 foot hood - Customizable floor plans
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Listing Agency: Centre Realty Group
Listed By: Matt Javitch
Source: Moodyscre
Added: May 22, 2025 Changed: Oct 8 Last Checked: Oct 24 at 8:56PM

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 Centre Realty Group

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Investment Insights

Based on property information with market context.

This historic property in Lowell, MA, offers a retail investment opportunity. The building has 4,600 square feet and contains two units. One unit is occupied by an operating Walgreens, encompassing 1,300 square feet. The other unit is a vacant restaurant space, offering 3,200 square feet. The restaurant includes two large bar counters and a back patio area. The property is positioned in a prime location within Lowell.

Key Highlights

  • Prime Lowell location offers high visibility and accessibility.
  • Property includes an operating Walgreens, providing immediate income.
  • Vacant 3,200 SF restaurant space presents a significant value‑add opportunity.

Property Analytics

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Current Use

Dudley's Restaurant & Bar Bar & Pub Trend Nightclub

Suggested Use

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

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,370
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 97% Shops & Services 3%
Dunkin' Donuts Dining
8,395 visits/mo 0.4 miles
Domino's Pizza Dining
4,258 visits/mo 0.4 miles
Little Caesars Pizza Dining
1,991 visits/mo 0.5 miles
Liberty Tax Shops & Services
465 visits/mo 0.4 miles
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

  • Eir's Garden — 122 Western Ave #165, Lowell, MA 01851
  • Walgreens Pharmacy — 276 Broadway St, Lowell, MA 01854
  • Christine Braganza — 276 Broadway St, Lowell, MA 018544121
  • Peter Ngigi — 276 Broadway St, Lowell, MA 018544121
  • COVID-19 Drive-Thru Testing at Walgreens — 276 Broadway St, Lowell, MA 01854

Frequently Asked Questions

What type of property is this?
Drug store - Historic 4,600 SF building with operating Walgreens and vacant restaurant.
Where is this drug store located?
The property is located at 19 Merrimack St Lowell, MA.
What are key features of this property?
This property features: Prime Lowell location offers high visibility and accessibility.; Property includes an operating Walgreens, providing immediate income.; Vacant 3,200 SF restaurant space presents a significant value‑add opportunity.
(617) 564-0551 Call to check price and availability
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