72 1st St, Lowell, MA 01850-2589
This exceptional commercial property at 72 First Street in Lowell, MA, presents a unique investment opportunity. Priced at $425,000, this well-established auto repair business includes a substantial building situated on a 0.07-acre lot. The property features two service bays equipped with lifts, ensuring efficient workflow and ample capacity for vehicle maintenance and repair. A comprehensive security system is in place, providing peace of mind for both the business owner and their clients. The building also boasts a comfortable waiting area for customers, a fully functional office for administrative tasks, and a convenient full bathroom. Additional storage space is available in a sizable basement area, offering flexibility for inventory, tools, and equipment. The property benefits from extensive parking, with a generous open lot and a convenient driveway providing ample space for customers and employees. This turnkey operation offers a rare chance to acquire a profitable business with significant potential for growth in a desirable location. The combination of a well-maintained building, established clientele, and convenient amenities makes this an attractive proposition for a savvy investor seeking a ready-to-go commercial venture. The property's strategic location in Lowell, MA, further enhances its appeal, offering easy access to major transportation routes and a thriving local market. This is an exceptional opportunity to own a successful business and property in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TMF · Lowell, MALowell. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.