321 Central St - Office/Residential FOR SALE


Lowell, MA 01852- Back Central
$949,000 USD
617-306-3926
321 Central St, Lowell, MA for Sale
$949,000 USD
Office/Residential - FOR SALE
1/46
null | 6.13% Cap Rate

NEW


321 Central St
Lowell, MA 01852
Back Central


OVERVIEW

Four Points Real Estate is pleased to exclusively present for sale 321 Central Street. 321 Central is comprised of 14 office and retail tenants. Tenants enjoy amenities such as an elevator, shared meeting room, library, kitchen, and roof top deck. 321 Central is located in downtown Lowell and walking distance to the new $200 million dollar Lowell Justice Center. This prime space is ready for it's next owner to continue to utilize it as a premier office space or to convert into residential housing. 321 Central sits within Lowell's MFOM Multifamily Overlay /TOD District. Residential conversion requires zero additional parking, eliminating one of the most costly and complex hurdles in urban adaptive reuse. By-right multifamily use eliminates special permit risk.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

6.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1833

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B3, Lowell

APN/PARCEL ID

HUDS-000016-000000-000018

ASK ABOUT THIS PROPERTY

Andrew ChapmanFour Points Real Estate GroupMore Info
617-306-3926

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Andrew ChapmanFour Points Real Estate GroupMore Info
617-306-3926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.