453 Market St - Restaurant FOR SALE


Lowell, MA 01854- The Acre
$1,050,000 USD
978-458-8822
453 Market St, Lowell, MA for Sale
$1,050,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

NEW


453 Market St
Lowell, MA 01854
The Acre


OVERVIEW

Bell Tower CRE has been authorized to market and sell four parcels comprising the iconic Olympia Restaurant, including the main building, Zorba Music Hall section and parking lots. This prime Market Street location offers excellent visibility, on-site parking, and a rich history in the Acre neighborhood. The properties, located at 437, 455, 463, and 485 Market Street, feature a combined building area of 10,152 SF on 0.42 acres of land. The sale is being supervised by a court-appointed commissioner, who will determine the terms of the final disposition. All offers will be subject to court approval. Property viewings are scheduled for 2:00 PM to 4:00 pm on Tuesday, September 23. A second open house may be scheduled. Thereafter, a deadline will be established for written bids. The property will be sold strictly “as-is, where-as." Check for additional showing schedule. Individual showings will not be scheduled.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

UMU

APN/PARCEL ID

LOWE-000138-003905-000455

ASK ABOUT THIS PROPERTY

Vlad SaldanaBell Tower Commercial Real Estate GroupMore Info
978-458-8822

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Vlad SaldanaBell Tower Commercial Real Estate GroupMore Info
978-458-8822

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