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Remodeled Mixed-Use Building
For Sale
$779,900

230 Cumberland Road, Lowell, MA 01850

Mixed-use property with remodeled first-floor commercial space, two residential units, and ample off-street parking.

Property SizeContact for details
Days on Market136

Property Features for 230 Cumberland Road

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 2

Building Details

Year Built 1940
Listing Agency: Keller Williams Realty-Merrimack
Listed By: The Espinola Group · License #RB14029982
Source: Sarkisboston
Added: Apr 12 Changed: Aug 24 Last Checked: Aug 23 at 9:07AM

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 Keller Williams Realty-Merrimack

Investment Insights

Based on property information with market context.

230 Cumberland Rd in Lowell, MA 01850 is a mixed-use building combining residential income with a remodeled first-floor commercial space. The property includes two residential units: a studio apartment and a one-bedroom apartment, creating separate living options within the same building.

The first floor commercial space has been completely remodeled and is ready for its next tenant or owner-operator use. The property also offers ample off-street parking for both residential tenants and commercial customers.

Overall, it provides multiple income streams through the combination of residential units and updated commercial space, with parking to support day-to-day access.

Key Highlights

  • Mixed‑use building (c. 1940) offering two residential units plus first‑floor commercial space
  • Two residential units: studio apartment and one‑bedroom apartment
  • First‑floor commercial space has been completely remodeled and is ready for new use

Property Analytics

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

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with remodeled first-floor commercial space, two residential units, and ample off-street parking.
Where is this mixed-use property located?
The property is located at 230 Cumberland Road Lowell, MA.
What is the asking price?
The asking price for this property is $779,900.
What are key features of this property?
This property features: Mixed‑use building (c. 1940) offering two residential units plus first‑floor commercial space; Two residential units: studio apartment and one‑bedroom apartment; First‑floor commercial space has been completely remodeled and is ready for new use
More about this property
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