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    Property profile & analytics
    OFF-MARKET Estimated value $2,195,000
    Office buildings

    81 Brg St, Lowell, MA 01852-1270

    33,792 SF 1.04 ac lot Built 1916
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US38-1814543
    Property summary
    AI-generated overview

    This exceptional 6,700 square foot medical office space is situated on the second floor of 81 Bridge Street, a Class B building in the heart of historic downtown Lowell, Massachusetts. Built in 1916 and extensively renovated in 2012, the property offers a blend of modern amenities and historic charm. The space, currently configured as a mix of private offices and open areas, is highly adaptable and suitable for a variety of medical or other professional uses. Previously occupied by a counseling and health organization, the layout is readily convertible to suit individual needs. The building boasts a total of 33,000 square feet across two stories, with ample parking available for tenants and visitors. Its prime location in downtown Lowell provides convenient access to the Lowell Connector, ensuring easy commutes for staff and clients. The available space presents a unique opportunity to establish or expand a practice in a vibrant and accessible location within Middlesex County. The property's multiple tenancy structure ensures a diverse and active building environment. This is a rare opportunity to secure a well-maintained, adaptable space in a desirable downtown location. The 01852 zip code offers excellent access to local amenities and a strong community presence.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1916
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 33,792 SF
    Lot 1.04 ac (45,302 SF)
    Zoning code DMU
    APN LOWE M:178 B:780 L:81
    UPID US38-1814543
    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
    Current use
    Occupant on record · Public records
    • MA Super Insurance Ltd. Insurance Agency
    • Center for Family Development - Linda Littlefield, LICSW Counselor
    • Mill City Church Church
    • LIUNA Local 429 Advocacy Group
    • Full Deliverance Church, Inc. (COOLJC) Church
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.75M
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    Mill Bridge Res LLC · 5 yrs held
    Mill Bridge Res LLC
    since 2020
    3 recorded transactions
    2021
    2020
    $2.6M
    2011
    Zoning & alternative use
    DMU · Lowell, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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