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241-245 Central St
Lowell, MA 01852
Retail Property For Sale
Investment Highlights
- Property located in an opportunity zone
- Great location one block from the Edward Early Jr. Parking Facility
- Potential for an addition to be added to the property
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Year Built
1880
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.09
Lot Size
0.11 AC
Zoning
DUM
Frontage
37’ on Central St
About 241-245 CENTRAL ST , LOWELL, MA 01852
Great opportunity to own a well established business with building in a prime downtown location. Cappy's Copper Kettle has been serving a dedicated clientele for over forty years. Second floor currently rented Tenant at Will. 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
Property Taxes
| Parcel Number | LOWE-000179-001125-000241 | Improvements Assessment | $505,500 |
| Land Assessment | $191,000 | Total Assessment | $696,500 |
Property Taxes
Parcel Number
LOWE-000179-001125-000241
Land Assessment
$191,000
Improvements Assessment
$505,500
Total Assessment
$696,500
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