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Mixed-Use Property with Remodeled Commercial Space
For Sale
$499,900

230 Cumberland Rd, Lowell, MA 01850

Commercial Sale, Lowell, MA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market143

Property Features for 230 Cumberland Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning TTF
Zoning description Legal Conforming
Directions Lakeview Ave to Aiken to Cumberland Road
Subdivision Centralville
Standard status Active
APN M:154 B:1595 L:230,3186765
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6906

Amenities

ample off-street parking

Building Details

Year built 1940
Listing Agency: Keller Williams Realty-Merrimack
Listed By: Claire Ryan
Added: May 31 Changed: Oct 15 Last Checked: Oct 20 at 9:06PM
MLS# 73527327

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use property combines a first-floor commercial area with two residential apartments: one studio and one one-bedroom unit. The commercial space has been completely remodeled, while the residential layout provides separate living accommodations within the same building. Off-street parking serves the property’s residential and commercial components.

Built in 1940, the property occupies 0.11 acres at 230 Cumberland Road in Lowell, Massachusetts. It is identified as TTF zoning and offers a combination of commercial space and residential units under one roof.

Key Highlights

  • Two residential units: one studio and one one‑bedroom apartment
  • Completely remodeled first‑floor commercial space
  • Off‑street parking for residential and commercial users

Property Analytics

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Current Use

Laura's Laundry, Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Skin Care Clinic Big Box & Wholesale Store Accounting Firm Gym & Fitness Center Bakery

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

Demographics for 01850, MA

16,670
Population
6,028
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
83%
High-School Grad
1.4 sq mi
ZIP Area
11,907
Density / Sq Mi
$67,581
Median Household Income
$42,096
Median Earnings
$1,666
Median Rent
$367,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units complement an updated first-floor business area with off-street parking.
Where is this mixed-use property located?
The property is located at 230 Cumberland Rd Lowell, MA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two residential units: one studio and one one‑bedroom apartment; Completely remodeled first‑floor commercial space; Off‑street parking for residential and commercial users
More about this property
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