Mixed-Use Retail and
525 Chelmsford St Lowell, MA 01851
525 Chelmsford St, Lowell, MA, 01851
$695,000
For Sale
$695,000
MULTI_FAMILY - Lowell, MA
Property Size3,774 SF
Lot Size0.25 Acres
Price / SF$184.15
Days on Market225
Property Features for 525 Chelmsford St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TTF
- Parking
- 16
- Standard status
- Active
- APN
- M:125 B:1190 L:525,3184202
- Size
- 3,774 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10064
Building Details
- Year built
- 1920
- Floors in Building
- 4
- Number of units
- 3
Listing Agency
RE/MAX Innovative Properties
(978) 452-4432
81 Farmland Road, Londonderry, MA
Listed by
Joshua Naughton
(603) 434-4101
Added: Dec 7, 2025 Updated: Jun 23 at 8:47 pm Checked: Jul 20 at 3:06 pm
MLS# 73460680
Listing URL
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.
Investment Insights
Based on property information with market context.
This mixed-use property in Lowell offers two ground-level retail storefronts and a residential unit on the same site. The second floor is unfinished, providing room to expand depending on how you plan to use the space. The residential portion is described as a spacious 4-5 bedroom layout with large bedrooms and a flexible floor plan, suited to an owner-occupant or use as an additional rental.
The building includes off-street parking for up to 10+ vehicles, along with a carport on the Plain Street side. The retail component is positioned for street-facing presence along Chelmsford Street, supported by the offering’s stated strong visibility.
For tenants, buyers, and investors, the configuration supports multiple operating models: small business retail use on the ground floor while keeping the residence on-site, or leasing the mixed-use footprint to generate income from both components. With the unfinished second level, operators also have a path to add usable space subject to permitting and build-out decisions. Zoning is listed as TTF, and the property is presented as a single-site mixed-use opportunity.
The building includes off-street parking for up to 10+ vehicles, along with a carport on the Plain Street side. The retail component is positioned for street-facing presence along Chelmsford Street, supported by the offering’s stated strong visibility.
For tenants, buyers, and investors, the configuration supports multiple operating models: small business retail use on the ground floor while keeping the residence on-site, or leasing the mixed-use footprint to generate income from both components. With the unfinished second level, operators also have a path to add usable space subject to permitting and build-out decisions. Zoning is listed as TTF, and the property is presented as a single-site mixed-use opportunity.
Key Highlights
- Mixed‑use property featuring commercial space and a large residential unit.
- Two retail storefronts boast high street visibility and traffic on Chelmsford Street.
- Off‑street parking for 10+ vehicles plus a carport.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.1k | $25.20 |
| − Vacancy | −$6.2k | −$1.64 |
| EGI | $88.9k | $23.56 |
| − OpEx | −$26.7k | −$7.07 |
| NOI | $62.2k | $16.49 |
3,774 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$977.7K
$855.5K – $1.14M
NOI $68,441 @ 7.0% cap · market cap 9.85%
Second Best
Apartment 5plus
$961.7K
$841.5K – $1.12M
NOI $67,322 @ 7.0% cap · market cap 9.69%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,982 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J Arthur Poitras ...
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- Finally Flowers — 770 Stevens St, Lowell, MA 01851
- Modern Floral Design — Lowell, MA 01851
- Bemine Florist — 199 Plain St, Lowell, MA 01852
FAQs
What type of property is this?
Storefront property - Two ground-floor retail storefronts plus an on-site residential unit, with an unfinished second floor for expansion.
Where is this storefront property located?
The property is located at 525 Chelmsford St Lowell, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Mixed‑use property featuring commercial space and a large residential unit.; **Two retail storefronts boast high street visibility and traffic on Chelmsford Street.**; Off‑street parking for 10+ vehicles plus a carport.
