Property profile

604 Central St Lowell, MA 01852

OFF-MARKET
Retail space
Property ID
US38-1176594
3,432 SF 0.04 ac lot Built 1901
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1901
Construction FRAME
Total area 3,432 SF
Lot 0.04 ac (1,742 SF)
Zoning code TMU
APN LOWE M:181 B:1125 L:604
UPID US38-1176594

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Marketing & Advertising Advertising Agency
  • Hair Salon Nail Salon
  • Insurance Agency
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

604 Central St Lowell, MA 01852-3424
Lowell metro Census 311900 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2022
Last sale
$459,000
7 recorded transactions
2024
Price N/A
2022
$459,000
2020
Price N/A
2019
$290,000
2017
$187,000
2016
$260,000
2013
$200,000

Zoning & alternative use

TMU · Lowell, MA
Zoning description

The TMU district is designed to promote a mix of residential and retail uses in secondary areas

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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