$700,000
$849,900
17.6%For more information regarding the value of a property, please contact us for a free consultation.
241 Central St Lowell, MA 01852
9,856 SqFt
Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,856 sqft
Price per Sqft $71
MLS Listing ID 72511563
Sold Date 03/31/21
Year Built 1880
Annual Tax Amount $16,121
Tax Year 2019
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great opportunity to own a well established business with building in a prime downtown location located in Opportunity Zone with many tax benefits. Cappy's Copper Kettle has been serving a dedicated clientele for over forty years. Second floor office space now vacant, can be developed into residential units. 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.
Location
State MA
County Middlesex
Zoning DMU
Direction Central St Downtown Lowell
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, Three Phase
Roof Type Rubber
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Bought with Tam Le • Keller Williams Realty Boston Northwest