Technical
Financial
Distress signals
Property profile

716 Middlesex St Lowell, MA 01851

OFF-MARKET
Retail properties & Spaces
Property ID
US38-0833973
9,980 SF 0.56 ac lot Built 1989
Entity Owned 34-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity presents a chance to acquire a thriving specialty shop located at 716 Middlesex Street in Lowell, Massachusetts. The shop, situated on a 0.56-acre lot, specializes in the sale of traditional Cambodian clothing, jewelry, accessories, makeup products, and exquisite artwork. It also operates as a wedding boutique, catering to a diverse clientele. The business is established and enjoys a loyal customer base, offering immediate revenue potential for the new owner. This turnkey operation includes all existing inventory, fixtures, and equipment, allowing for a seamless transition. The property's prime location in Lowell provides excellent visibility and accessibility, contributing to the business's success. Financial records are available upon request, providing a comprehensive overview of the shop's performance and profitability. This is an ideal investment for an entrepreneur seeking a well-established business with significant growth potential within a vibrant community. The sale price is $55,000, representing a compelling opportunity to enter the thriving specialty retail market. Serious inquiries are encouraged to explore this unique and promising venture. The square footage of the building is not currently available. This is a rare chance to own a culturally rich and profitable business in a desirable location. Don't miss this opportunity to own a piece of Lowell's vibrant business landscape.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1989
Construction FRAME
Total area 9,980 SF
Lot 0.56 ac (24,394 SF)
Zoning code NB
APN LOWE M:141 B:4085 L:716
UPID US38-0833973

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
  • (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Bank Credit Union
  • Restaurant
  • (Bike/Boat/Book/etc) Store

Location

716 Middlesex St Lowell, MA 01851-1400
Lowell metro Census 311200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.15M

Owner & transaction history

since 1992
1 recorded transaction
1992
$405,000

Zoning & alternative use

NB · Lowell, MA
Zoning description

In NB Districts promote a vibrant business environment in Lowell traditional neighborhood centers that enhances the character of the surrounding neighborhood

General category COMMERCIAL
Top alternative use upside
Restaurant $1.7M +9.9%
Industrial (general) $1.5M +1.0%
Auto repair, garage $1.5M +0.0%

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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