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    FOR SALE
    Retail space

    768 Lakeview Ave, Lowell, MA 01850

    23,250 SF
    Property ID
    US38-0105832
    Property summary
    AI-generated overview

    Northeast Private Client Group is pleased to present the Lakeview Avenue Portfolio, located at 776 Lakeview Ave & 768 Lakeview Ave with adjacent lots at 10 Island St, and 754.A Aiken Street in Lowell, MA. 776 Lakeview Ave was built in 1937, 12,559 SF GLA, and has been newly renovated in 2024. The building is comprised of thirteen (13) one-bedroom apartments & two (2) fully leased retail units. There is a T-Mobile cell tower that provides additional income along with a coin-op laundry facility. All apartments have 3 rooms: 1 bedroom, kitchen, living room and bath, approximately 800 SF. Each unit is assigned 1 off-street parking space. 768 Lakeview Ave is a 6,903 SF GLA, three story building built in 1900s, consisting of eight (8) one-bedroom apartments. In the rear on Island St there is approximately 986 SF of commercial/warehouse space along with another 2,926 SF building, consisting of four (4) one-bedroom residential units. Both 10 Island St and 754.A Aiken St are parking lots for both Lakeview Ave buildings. The buildings and parking lots sit on a total of 33,105 square feet of land. All interested and qualified parties can tour the building and obtain additional information upon request.

    Property profile
    Verified
    Property type Retail space
    Total area 23,250 SF
    UPID US38-0105832
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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