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    1100 Gorham St, Lowell, MA 01852

    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1100 Gorham Street, Suite 4 in Lowell, Massachusetts, offers a substantial 6,500 square feet of space on the first floor. The building features impressive 14-foot ceilings and includes a convenient loading dock, making it ideal for a variety of businesses. Situated on high-traffic Gorham Street, this location ensures excellent visibility and accessibility for customers. The property is available as a single-tenant space within a larger building, offering flexibility for diverse business models. A five-year lease is available, renewable for another five years, under a gross lease structure. The monthly rent falls within the range of $5,400 to $5,800. Tenant responsibilities include all utilities. The lease requires a 1.5-month security deposit, first month's rent, and last month's rent. A credit check is also required. Lease options and renewal options are available. This presents a compelling opportunity to establish a thriving business in a prime Lowell location. The property is classified as special purpose land and is located in Middlesex County.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ornela's Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • CrossFit Merrimack - Lowell, MA Gym & Fitness Center
    • Rosenbloom Paper Co Party Supply Store (Bike/Boat/Book/etc) Store
    • Bitcoin of America ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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