Property Description

Once in lifetime opportunity to purchase this prime downtown Lowell location. The sale consists of 3 commercial condo units and the abutting 4,000 sq ft of outdoor space along the canal. The front unit is a 2684 sf full service restaurant that is leased until 2029 and includes all equipment as attached. The middle unit is a vacant 1815 sq ft and could be residential or commercial. The rear unit is a 5856 sq ft of raw space with tons of potential to finish off as commercial or potentially develop 5-6 residential units. Other potential options can include a function hall, bar area with music stage, or a separate restaurant. Also located in close proximity to 4 City parking garages, Davidson Parking lot and on there is on street parking. The property is steps from Middlesex Community College, Lowell Memorial Auditorium, Merrimack Repertory Theatre, Saints Memorial Hospital, U Mass Lowell and all of the Downtown amenities.

Features

Disclosure:: 333 but would be reduce by $3, 278 if owner occupied., Picture Frame Hardwood floor in living room. Dishwasher does not work. Property is being sold AS IS. Buyers and buyer's agents are responsible for conducting their own due diligence and verifying all information deemed material, including but not limited to the condition of the property., $100. charge for pool/clubhouse key if lost by tenant. Agent/owner. Accompanied only for co-broke. Tenant to abide by rules & regs of Association., The home has a whole house Generac Generator. Buyer circumstances changed and therefore pulled out of the deal!

Additional Information

Area:: Downtown
Tax Year:: 2025
Status:: Active
Zoning:: DMU
Orig Price:: $1,799,900
Waterfront:: No
MlsStatus:: Active

Address Map

City:: Lowell
State:: MA
County:: Middlesex
Postal Code:: 01852
Longitude:: W72° 41' 34.1''
Latitude:: N42° 38' 42.3''

Google Map

Commercial Sale

15-17-27 Kearney Sq, Lowell, Massachusetts

10,355 Sqft

$1,799,900

Listing ID #73547685

Basic Details

Property Type :: Commercial Sale
Listing Type :: For Sale
Price :: $1,799,900
Square Footage :: 10,355 Sqft
Year Built :: 1880
Lot Area :: 0.24 Acre
Listing ID :: 73547685

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Agent info

Robb Enterprises

Stephen E. Robb
View website
617-212-0251
srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.