Property profile & analytics
716 Middlesex St Lowell, MA 01851
- Retail properties & Spaces
- 9,980 SF
- 0.56 lot acres
For Sale
View listing
$55,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US38-0833973
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
- Pailin Jewelry Store / (Bike/Boat/Book/etc) Store
- Amara Boutique & Services / Clothing & Fashion Store
- Western Union / Bank / Credit Union
- Red Rose Restaurant / Restaurant
- Pailin Jewelry / (Bike/Boat/Book/etc) Store
Property Details for 716 Middlesex St
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 0.56 lot acres
- Property size
- 9,980 SF
- Zone code
- NB
- Property type
- Retail properties & Spaces
- APN
- LOWE M:141 B:4085 L:716
- APU
- LOWEM141B4085L716
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,132,000
Market price range: $874k - $2.15M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,515,000 Current use
- RESTAURANT
- $1,665,000 Change: +10% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,530,000 Change: +1% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,515,000 Change: +0% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,450,000 Change: -4% Conversion: Difficult
- OFFICE BUILDING
- $1,315,000 Change: -13% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3209
- Latitude
- 42.6378
- 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
$20,699
$159,500
$730,000
$889,500
-
$0.00
$0.00
$0.00
