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Property profile & analytics

201 Cabot St Lowell, MA 01854-3611

  • Office Properties & Spaces
  • 22,906 SF
OFF-MARKET
Last Sale
Nov 03, 2024
$1,400,000
Value Estimations
$1,890,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-1761415
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • ATM / Atm

Property Details for 201 Cabot St

Year built
1970
Property size
22,906 SF
Zone code
C
Property type
Office Properties & Spaces
APN
LOWE M:136 B:950 L:201 U:2
APU
LOWEM136B950L201U2

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $2,028,000
    Market price range: $608k - $3.36M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $3,020,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lowell
County
Middlesex
State
Massachusetts
Longitude
-71.3165
Latitude
42.6505
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$50,252
$0.00
$2,159,500
$2,159,500
-
$0.00
$0.00
$0.00
More about this property
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