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    Property profile & analytics
    OFF-MARKET Estimated value $1,890,000
    Office Spaces

    201 Cabot St, Lowell, MA 01854-3611

    22,906 SF Built 1970
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US38-1761415
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1970
    Total area 22,906 SF
    Zoning code C
    APN LOWE M:136 B:950 L:201 U:2
    UPID US38-1761415
    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
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.03M
    Blend (final) Blend
    $1.89M
    Owner & transaction history
    Univ Of Ma Bldg Authority · 1 yrs held
    Univ Of Ma Bldg Authority
    since 2025
    Last sale
    $1.4M
    3 recorded transactions
    2025
    $1.4M
    2013
    $1,000
    2010
    $2.1M
    Zoning & alternative use
    C · Lowell, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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