Property summary
This exceptional 22,905-square-foot office condominium is located at 201 Cabot Street in Lowell, Massachusetts, within Middlesex County (zip code 01854). The property, built in 1970 and extensively renovated in 2015, is a two-story building situated in a vibrant, mixed-use district (INST zoning). The vacant space features desirable brick and beam interiors, exposed ductwork, and a modern layout including open office areas, private offices, huddle rooms, conference rooms, and a café area. This office condo is part of a modernized two-unit mill building, with each unit holding a 50% interest. Its prime location in downtown Lowell offers unparalleled convenience, situated near the Merrimack River and surrounded by UMass Lowell's East Campus, dormitories, recreation centers, other renovated mill buildings, and the Tsongas Center, a 7,000-seat venue. The property benefits from a lively atmosphere with nearby restaurants, bars, and retail amenities, including a brewery directly below and El Jefe Taco Bar next door. This property is conveniently located 25 miles northwest of Boston and minutes from the New Hampshire border. The property is offered vacant and free and clear of existing debt. This presents a unique opportunity for an owner-user or a value-add investor seeking a move-in ready space in a high-demand location.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C · Lowell, MAZoning
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