241 Central StreetLowell, MA 01852MLS Number 72511563

  • Price: $849,900
  • 473 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
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  • 0.11Acreage
  • 1880Year Built
  • 9,856Square Feet

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Great opportunity to own a well established business with building in a prime downtown location located in Opportunity Zone with many tax benefits. Cappy's Copper Kettle has been serving a dedicated clientele for over forty years. Second floor office space now vacant, can be developed into residential units. 15 seat bar with a capacity of 156 people. Originally a 4 story building, potential to add 2 stories in DMU (Downtown Mixed Use) zone with many allowed uses. Great location one block from the Edward Early Jr. Parking Facility, and walking distance to UMASS Lowell Conference Center and Hotel and Middlesex Community College. 3 Phase electric, roof and heating system under 10 years old. All front windows new. Seller willing to work with buyer during transition of business.
Listed by Charity Edwards and The Courtney Group of LAER Realty Partners

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More Info

Parking

  • Parking Spaces
  • Total Parking Spaces

Building

  • Year Built1880
  • ConstructionBrick, Frame
  • Total Bldg Sf9856
  • Reu Units1
  • No Buildings1
  • No Of Restrooms5
  • No Stories2
  • SprinklersYes
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg420100
  • Undrgrnd TankNo

Basic Information

  • MLS Number72511563
  • Prop TypeCI
  • Status Date2020-08-15T14:10:00
  • Date Listed06/03/2019
  • List Price$849,900
  • Price Per Square Foot$86
  • LeaseNo
  • DirectionCentral St Downtown Lowell
  • MLS StatusActive

Exterior

  • Railroad SidingNo
  • Roof MaterialRubber

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas, Three Phase

Photos

  • Photo Date2019-06-03T22:42:00
  • Number of Photos24

Location

  • StreetCentral Street
  • TownLowell
  • StateMA
  • Zip01852
  • CountyMiddlesex
  • LocationDowntown

Property

  • Acreage0.11
  • Space AvailableFor Sale
  • Site ConditionDry
  • Square Feet9,856
  • SubletNo
  • Lot Size4920
  • Condo AssociationNo
  • Assessed Value Land143800
  • Main LoAN1199

Other

  • Modification Date2020-08-19T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book14646
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf4928
  • Ref Bldg Sf4928
  • ExclusionsSale of business does not include inventory.
  • Plat PlanNo
  • ExchangeNo
  • Firm Rmk1Call listing agent for revenue figures. Please do not disturb Seller or Seller employees during business hours, call listing agent with any questions or to set up an appointment.
  • Page157
  • View Count13
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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