Mixed-Use Building with Retail
For Sale
Contact for pricing
Pending
72 Merrimack St, Lowell, MA 01852
Downtown Lowell mixed-use building includes two ground-floor retail units and three upper-level living floors.
Property Size15,000 SF
Days on Market148
Property Features for 72 Merrimack St
General Information
Standard status
Pending
Size
15,000 SF
Property subtype
Mixed Use, Multifamily, Retail
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
J. Borstell Real Estate
Listed By:
Patrick Hermans · License #MA 2244
(254) 383-5521
Source:
Crexi
Added: Apr 11
Changed: Sep 3
Last Checked: Sep 4 at 1:45PM
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 J. Borstell Real Estate
Investment Insights
Based on property information with market context.
72 Merrimack Street is a mixed-use property offering two commercial units on the first floor, plus three roughly 5,000 sq ft living floors and a full basement. The first-floor tenants include Time Out Cafe (active) alongside a large vacant bar/restaurant space that was recently updated and previously used as Bar 74.
The second floor is gutted and ready for build-out, with water lines, electrical, and plumbing already in place. The third floor is currently set up as a club/dance studio with a lighting/audio control booth, sound system, full bar, and staff offices.
With a mix of income-producing retail space and extensive upper-level build-out opportunities, the property supports a variety of mixed-use configurations. Buyers are advised to work with the city regarding unit layout and any applicable grants to improve the building.
The second floor is gutted and ready for build-out, with water lines, electrical, and plumbing already in place. The third floor is currently set up as a club/dance studio with a lighting/audio control booth, sound system, full bar, and staff offices.
With a mix of income-producing retail space and extensive upper-level build-out opportunities, the property supports a variety of mixed-use configurations. Buyers are advised to work with the city regarding unit layout and any applicable grants to improve the building.
Key Highlights
- Downtown Lowell mixed‑use building with two ground‑floor commercial units and three upper living floors.
- Approx. 5,000 sq ft living floors across three levels, plus a full basement.
- First floor includes an active Time Out Cafe and a large vacant bar/restaurant space formerly used as Bar 74.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,370
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
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
Demographics for 01852, MA
36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Lowell mixed-use building includes two ground-floor retail units and three upper-level living floors.
Where is this mixed-use property located?
The property is located at 72 Merrimack St Lowell, MA.
What are key features of this property?
This property features: Downtown Lowell mixed‑use building with two ground‑floor commercial units and three upper living floors.; Approx. 5,000 sq ft living floors across three levels, plus a full basement.; First floor includes an active Time Out Cafe and a large vacant bar/restaurant space formerly used as Bar 74.
