32 Lowell St - Historic Special Purpose Building | S-15 Zoni 7,041 SF Specialty Building Offered at $1,495,000 in Reading, MA 01867

32 Lowell Street is a singular opportunity to acquire one of Reading's most architecturally distinguished and historically significant buildings — a 7,041 SF Late Gothic Revival limestone and granite structure designed by noted architect George H. Sidebottom in 1913 for the First Church of Christ, Scientist. Listed on the Massachusetts Historic Register, the property sits at the prime intersection of Routes 28 and 129 in the heart of Reading's town center, just 0.33 miles from the Reading MBTA Commuter Rail Station, with a Walk Score of 81.
Seller is completing stone facade restoration prior to closing, delivering a fully remediated, move-in ready asset to the buyer.
Sited on a 21,175 SF (0.49-acre) lot and zoned S-15, the property accommodates a broad range of special purpose, institutional, and educational uses. With a soaring sanctuary space, multiple ancillary rooms, and an estimated occupancy capacity of 270, the building is ideally configured for performing arts and enrichment schools, tutoring and learning centers, yoga and wellness studios, martial arts academies, professional association headquarters, non-profit organizations, and institutional or civic uses. The property's Massachusetts Historic Register status also makes it a compelling candidate for a high-quality residential conversion, with potential eligibility for state and federal historic tax credits that can meaningfully reduce acquisition and renovation costs.
Most recently operated as a fine arts school following its prior life as a church, the building's flexible interior has demonstrated its adaptability across multiple uses. Its downtown Reading location — walkable to retail, restaurants, and commuter rail — makes it particularly well-suited for uses that draw from a regional audience without requiring extensive on-site parking.
Property Highlights
7,041 SF | Late Gothic Revival Limestone & Granite Construction
Lot: 21,175 SF (0.49 Acres) | Intersection of Routes 28 & 129
Zoning: S-15 | Special Purpose — Education, Institutional, Non-Profit, Civic, Residential Conversion
Massachusetts Historic Register | Potential Historic Tax Credit Eligibility
Estimated Occupancy Capacity: 270
Stone Facade Restoration Completed by Seller Prior to Closing
0.33 Miles to Reading MBTA Commuter Rail | Walk Score: 81
Architect: George H. Sidebottom (1913) | Originally Developed by First Church of Christ, Scientist
Real Estate Taxes (2024): $10,315
Ideal For: Performing Arts & Enrichment School · Tutoring & Learning Center · Yoga, Wellness & Fitness Studio · Martial Arts Academy · Non-Profit Headquarters · Professional or Civic Association · Institutional or Cultural Use · Luxury Residential Conversion (Historic Tax Credits May Apply)