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25 Merrimack St
Lowell, MA 01852
15-25 Merrimack St Lowell Ma · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
7,500 SF
Building Class
C
Year Built
1880
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.23 AC
Zoning
DMU
Frontage
32’ on Merrimack St

About 25 MERRIMACK ST , LOWELL, MA 01852

Now fully occupied and in prime downtown location! This is the perfect investment opportunity for someone looking for a building with very low maintenance and that is occupied with tenants holding long term leases. Walgreen's Community Pharmacy and Dudley's Bar and Grill. The leases for both tenants are NNN. The building has recently been improved with new 800 amp 3 phase electrical service, brand new rubber roofs for the entire building, (2) new 8.5 and 10 ton HVAC units , Fire alarm system etc... The property extends from Merrimack St. in front to Paige St. in the rear for dual sided access to the building. The cap rate on this property is 6.75%. Call listing agent for additional details.

Property Taxes

Property Taxes

Parcel Number
LOWE-000178-004495-000137
Land Assessment
$6,400
Improvements Assessment
$0
Total Assessment
$6,400
  • Listing ID: 10890625

  • Date on Market: 12/7/2017

  • Last Updated:

  • Address: 25 Merrimack St, Lowell, MA 01852

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