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149 Market St 2,617 SF Office Building Lowell, MA 01852 $925,000 ($353.46/SF)



Executive Summary
Prime Market Street commercial property, fully leased and equipped as a dental operation. Includes up to date waiting room, reception, 10 operatories, hygiene area, business office and two bathrooms. The property also has a full basement that can be used for files and storage. Tenant has two (2) years remaining on lease, plus two (2) additional five (5) year lease renewal options. The property is a modern one-floor masonry building with a storefront and windows on all sides. Strong cash flow and credit tenant. A lease summary and income and expense report area available with signing of non-disclosure agreement.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,617 SF
Building Class
C
Year Built
1880
Price
$925,000
Price Per SF
$353.46
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,617 SF
Building FAR
0.41
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
DMU
Parking
10 Spaces (3.82 Spaces per 1,000 SF Leased)
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | LOWE-000159-003905-000149 | Improvements Assessment | $279,600 |
| Land Assessment | $154,800 | Total Assessment | $434,400 |
Property Taxes
Parcel Number
LOWE-000159-003905-000149
Land Assessment
$154,800
Improvements Assessment
$279,600
Total Assessment
$434,400
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149 Market St
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