$975,000
$1,200,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
16 & 24 Stedman St Lowell, MA 01851
10,000 SqFt
Key Details
Sold Price $975,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $97
MLS Listing ID 72422671
Sold Date 01/03/19
Year Built 2004
Annual Tax Amount $23,522
Tax Year 2018
Lot Size 0.880 Acres
Acres 0.88
Property Description
Rare great opportunity, to make it simple, here are the facts: 1.Location: Drum Hill business district area; in the office/warehouse/light industries zoning; Inter-town/cities connection: Chelmsford, Lowell, Tynsborough, Westford, Nashua with daily traffic counts more than 10,000; 2. Two stand alone buildings with combining offices and docking on the first floor; sit on flat open land about 38,395 sqft, providing anything is possible with imagination and creation opportunity. 3. With some TLC improvement and get all the current vacant offices filled, this will be 7 or 8 cap investment. Remember that, with the demand of fulfillment center, data center and health care center, anything is possible.
Location
State MA
County Middlesex
Zoning light ind
Direction Westfort St --> Stedman
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Shingle
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Bought with Mei Zhou • Coldwell Banker Residential Brokerage - Andover