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    FOR SALE
    Grocery and convenience stores

    169-171 Salem St Lowell, MA 01854

    7,178 SF Built 1900
    Property ID
    US38-Q000096
    169-171 Salem St, Lowell, MA 01854 For Sale 1 / 42
    $1,300,000 7,178 SF
    169-171 Salem St, Lowell, MA 01854
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    Property summary
    AI-generated overview

    5 Unit Mixed Use Building near UMASS Lowell and within walking distance to many amenities. The property has been well maintained and updated and has plenty of off street parking. The first floor retail space also has a kitchen area with 2 walk-in coolers, 1 walking freezer, and pizza ovens. Two 3-Bedroom updated apartments are above the commercial space. The adjacent 2 residential units each have 1 bedroom. Unit 4 has access to the basement and laundry hookups. Unit 5 has a walkup attic with 2 semi finished rooms. All units have separate utilities as well as washer /dryer hookups. Letters of Initial Lead Inspection Compliance attached in documents for download. Business/Cote's market name, equipment and inventory included in the sale. Plenty of off street parking included.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Year built 1900
    Total area 7,178 SF
    UPID US38-Q000096
    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
    Value estimations
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