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1317 Middlesex St
Lowell, MA 01851
Specialty Property For Sale
·
11,946 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 11,946 SF |
| Property Subtype | Car Wash | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 2007/2017 |
| Lot Size | 0.54 AC | Parking Ratio | 2.23/1,000 SF |
| Zoning | LI - Light Industrial with Special Permitting for Retail - 24 hours of operation & Restaurant/Retail, and Car Wash | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 11,946 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2007/2017 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | LI - Light Industrial with Special Permitting for Retail - 24 hours of operation & Restaurant/Retail, and Car Wash |
ABOUT 1317 MIDDLESEX ST , LOWELL, MA 01851
The property has a profitable car wash and consists of 3 buildings located on high traffic Middlesex St, 1 1/2 miles from Routes 3/495 and the Crown Point office complex. The property borders the U Mass Lowell campus and is located in front of a large new 510 student 6 story dormitory. The front building was built in 2008 and contains 2 automatic bays with state of the art touch-less Mark VII aqua jet bays with hub scrub wheel cleaners. The seller is currently adding a take-out roast beef cafe with outdoor seating to the building. (He would consider becoming a tenant to the new buyer or selling the business). The second building contains 5 self service bays with 1 fragrance vacuum, 1 vacuum spot remover carpet protector and 11 high powered suction vacuums.. The third building is in the process of being completed and currently contains 4 large garage bays on the first floor with radiant heat. The second floor is currently divided into 4 spaces and is at rough framing level of construction. (The second floor is currently rented for $5000/month for cold storage). The property has a 24/7 city business license and a 24/7 food license. The highest and best use would be a retail/office/restaurant building catering to the adjacent 17,000 student target market. The zoning is L! with not required setbacks from property lines and no maximum height restriction.. The FAR of 2 has the potential of being waived if sufficient underground parking is provided The seller will assist in procuring permits and waivers, if desired. There is a possibility of additional land. Please contact Felecia Elias, Coldwell Banker Commercial, for details.
PROPERTY TAXES
| Parcel Number | LOWE-000086-004085-001317 | Improvements Assessment | $562,200 |
| Land Assessment | $200,300 | Total Assessment | $762,500 |
PROPERTY TAXES
