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1418 Middlesex St, Lowell, MA 01851

Lowell Highlands



Type of Comm.
Lot Size
THIS PROPERTY IS ZONED FOR MARIJUANA CULTIVATION FACILITY. 166,835 SQUARE FEET WITH THREE EXISTING INCOMES ALREADY ON THE PROPERTY! The property consists of a 3.83 acre lot with 354 feet of frontage on a highly traveled corridor. All current businesses are set to sign a new lease to continue operating as they do now. The 3 incomes on the property generate $150,000 annually. With the opportunity for a 20,000 sq. ft minimum warehouse in the rear that will be fit to your exact specifications needed to cultivate the marijuana however you see fit. The 166,835 sq ft lot allows for many possibilities for the cultivation of marijuana. IF YOUR LOOKING FOR A GREAT PROPERTY WHERE THE LAND WILL PAY FOR ITSELF AND ARE LOOKING TO CULTIVATE MARIJUANA, THIS IS THE SPOT FOR YOU!
Open House
No scheduled Open Houses
Lot Size: 166,835.00
Acres: 3.83
Area/Village: Lowell Highlands
List Price: $2,950,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Driving Doors: 3
Restrooms: 2
Stories: 1
Buildings: 2
Total Units: 2
Total Sq. Ft.: 6,224
Year Built: 1955
Approx. GLA: 6,224
Sub Dividable: Y
MLS#: 72444377
Ceiling Height: 17
Elevator: No
Acres: 3.83
Depth: 836
Space Dividable: Yes
Expandable: Yes
Handicap Access: Yes
Lot Size: 166,835.00
Parking Spaces: 75
Parking Features: Garage, 21+ Spaces, Paved Driveway
Construction: Stone/Concrete
Railroad Siding: No
Roof Material: Rubber
Site Condition: Level
Sprinklers: Yes
Underground Tank: No
Location: Urban
Utilities: Public Water, Natural Gas, 220 Volts
Short Sale Lender Approval: No
Lender Owned: No
21E On File: Yes
Assessed Building Value: $235,000
Condo Assoc.: No
Assessed Land Value: $193,400
Exchange: No
Gross Annual Income: $1,000,250
Taxes: $12,569
Tax Year: 2016
Lien and Encumbent: No
Net Operating Income: $486,000
Book/Page: 146/307
Sublet: No
Plat Plan: Yes
Special Financing: Yes
Survey: Yes
Total Assesed Value: $428,400
Zone Description: Legal Conforming
Office Sq. Ft.: 500
Office Units: 4
Retail Sq. Ft.: 504
Retail Units: 1
Warehouse Sq. Ft.: 5,220
Warehouse Units: 1
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
The listing office is LAER Realty Partners and the listing agent is The Courtney Group. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
Todd Nelson
Todd Nelson
LAER Realty Partners

LAER Realty Partners   Todd Nelson
LAER Realty Partners
234 Littleton Road • Westford, MA 01886 Map it
Direct: 508-328-6438 • Phone: 978-692-9292

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