Market St Lowell, MA 01854

Property Details for Market St

Year built

1975

Lot size

0.36 lot acres

Property type

Commercial real estate

Description

This exceptional offering presents a unique investment opportunity in the heart of Lowell, MA. The property, situated on a 0.36-acre lot on Market Street, encompasses a well-established landmark restaurant with a rich history spanning over 60 years under the same family ownership. The sale includes the real estate, the thriving business, and all equipment, presenting a turnkey operation ready for immediate revenue generation. The restaurant boasts a substantial seating capacity exceeding 400 guests, comfortably distributed across the main dining room and two sizable function rooms, ideal for hosting various events and gatherings. Its strategic location offers unparalleled convenience, being in close proximity to Lowell City Hall, the University of Massachusetts Lowell, and Middlesex College, ensuring a consistent flow of potential clientele. This is a rare chance to acquire a well-regarded, long-standing business with significant growth potential in a vibrant and desirable location. The property's size and established reputation make it an attractive investment for experienced restaurateurs or those seeking a profitable venture in a thriving urban setting. All aspects of the business, from real estate to equipment, are included in the sale price of $1,250,000. This is a truly exceptional opportunity not to be missed.

Location Insight

City

Lowell

County

Middlesex

State

Massachusetts

Longitude

-71.3085

Latitude

42.6443