1375 Middlesex St Lowell, MA 01851-1219
- Auto shops
- 8,716 SF
- 0.49 lot acres
Current Use by Public Records
- Mechanics Direct Inc / Transmission Shop / Auto Air Conditioning Service
Property Details for 1375 Middlesex St
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.49 lot acres
- Property size
- 8,716 SF
- Zone code
- LI
- Property type
- Auto shops
- APN
- LOWE M:71 B:4085 L:1375
- APU
- LOWEM71B4085L1375
Description
This exceptional 8,776-square-foot industrial building, situated on a 0.49-acre lot in Lowell, Massachusetts, presents a unique investment opportunity. Currently configured as an automotive showroom, service center, and dealership, this property boasts a highly desirable location with 21,000 vehicles passing daily. Built in 1960 and renovated in 2007, the single-story building features 16-foot ceilings, ideal for automotive lifts, storage, or large equipment. With a capacity for 75 vehicles, the facility includes 10 auto lifts, a four-post alignment rack, a drive-through service area, and auto exhaust venting. The Light Industrial (LI) zoning allows for a variety of uses. The property offers excellent access to the greater Lowell trade area, the University of Massachusetts Lowell, Route 3, and Route 495. This turnkey operation is being delivered vacant at closing, providing immediate occupancy for the new owner. The asking price is $1,995,000, with a 6.60% cap rate. Business equipment and licenses may be available. Don't miss this chance to own a high-traffic, well-equipped commercial property in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $275,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3414
- Latitude
- 42.6385
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
