1418 Middlesex St,  Lowell MA, 01851 (Commercial)

6,440 sqft
Status: Active
MLS#: 72365059
1of
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Last Updated: 12/13/2018 5:35 AM
Description for 1418 Middlesex St Lowell, MA 01851
Opportunity to own two income generating businesses or Seller will sell real estate only. The first well established business is an award winning specialty auto parts store specializing in alarms, starters, tires and rims, audio, tint and graphics among many other product lines. The property consists of a 3.8 acre lot with 354 feet of frontage on a highly traveled corridor with a 5,720 square foot building with a 3000 square foot showroom and several bays with lift for auto repair / installation of products. This highly profitable business has revenues of $1,002,000 and a cash flow of $486,000 and has 40 years of goodwill with an excellent reputation for customer service and a loyal clientele. In addition to the specialty auto parts business there is a 720 square foot building with 65 approved spaces to sell cars, with potential to add 40 more spaces. This space is leased to a highly profitable auto dealer at $5,500 / month. Subdivision possible.
Price
$2,150,000
Middlesex
6,440 (approx)
72365059
Active
Description
Opportunity to own two income generating businesses or Seller will sell real estate only. The first well established business is an award winning specialty auto parts store specializing in alarms, starters, tires and rims, audio, tint and graphics among many other product lines. The property consists of a 3.8 acre lot with 354 feet of frontage on a highly traveled corridor with a 5,720 square foot building with a 3000 square foot showroom and several bays with lift for auto repair / installation of products. This highly profitable business has revenues of $1,002,000 and a cash flow of $486,000 and has 40 years of goodwill with an excellent reputation for customer service and a loyal clientele. In addition to the specialty auto parts business there is a 720 square foot building with 65 approved spaces to sell cars, with potential to add 40 more spaces. This space is leased to a highly profitable auto dealer at $5,500 / month. Subdivision possible.
Listing Information
Property Type: General Commercial, 1 Story
3.83 Acres 6,440 (approx) Yes
1
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
75 Garage, Paved Driveway
None
Listing Price History

Lowell Real Estate

Lowell is located in Massachusetts. Lowell, Massachusetts 01851 has a population of 110,699.

The median household income in Lowell, Massachusetts 01851 is $49,164. The median household income for the surrounding county is $83,488 compared to the national median of $53,482. The median age of people living in Lowell 01851 is 33.2 years.

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Courtesy: LAER Realty Partners
This content last refreshed on 12/13/2018 5:35 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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