9-Unit Mixed-Use
New
For Sale
$2,250,000
694 Merrimack Street, Lowell, MA 01854
Commercial Sale, Lowell, MA
Property SizeContact for details
Lot Size0.08 Acres
Days on Market4
Property Features for 694 Merrimack Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
UMU
Zoning description
Legal Conforming
Directions
Pawtucket to Merrimack Street
Subdivision
Downtown
Standard status
Active
APN
M:137 B:4060 L:694,3185092
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8131
Building Details
Year built
1890
Listing Agency:
Keller Williams Realty-Merrimack
(978) 692-3280
Listed By:
Claire Ryan
(978) 692-3280
Added: Aug 19
Last Checked: Aug 22 at 7:06PM
MLS# 73565700
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Investment Insights
Based on property information with market context.
This mixed-use property contains nine units arranged across two retail storefronts and seven residential units. The building was constructed in 1890 and occupies a 0.08-acre lot, creating a compact asset with both commercial and residential components. Letters of Compliance are on file, and the property carries UMU zoning.
The property is located at 694 Merrimack Street in Lowell, Massachusetts, within Middlesex County. Its unit composition provides distinct storefront and residential elements within a single building, offering a straightforward mixed-use configuration for review by prospective owners.
The property is located at 694 Merrimack Street in Lowell, Massachusetts, within Middlesex County. Its unit composition provides distinct storefront and residential elements within a single building, offering a straightforward mixed-use configuration for review by prospective owners.
Key Highlights
- Nine total units: two retail storefronts and seven residential units
- UMU zoning
- 0.08‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,727
Businesses Nearby
Explore this area
Business Placement
Demographics for 01854, MA
29,561
Population
10,960
Households
2.7
Avg Household Size
31
Median Age
30%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
7,390
Density / Sq Mi
$70,397
Median Household Income
$39,216
Median Earnings
$1,477
Median Rent
$360,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - UMU-zoned building combines retail storefronts with residential units in one commercial and residential asset.
Where is this mixed-use property located?
The property is located at 694 Merrimack Street Lowell, MA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Nine total units: two retail storefronts and seven residential units; UMU zoning; 0.08‑acre lot
