110 Gorham St., Lowell MA 01852

Lowell, MA 01852 • Downtown

$649,900

Est. $4,494/month

4,586

Sq Ft

$142

Price/Sq Ft

0.05

Acres

1900

Year Built

459

Days on Market

Active Price Drop -$119,100 Listed Sep 3, 2024 • MLS# 73283861 Copied!

About this home

A prime investment opportunity is available in Downtown Lowell with a mixed-use Restaurant/Residential building. property features positive cash flow, outstanding, and includes two spacious three-bedroom apartments on upper floor, boasting an open floor plan with abundant natural light The restaurant lease has four months remaining. Situated just moments from bustling center of downtown Lowell and key thoroughfares like Route 495, the Lowell Connector and Route , its excellent location enhances its appeal. The property is available as-is, offering remarkable value. This bar was a favorite hangout for Jack Kerouac, where fans gathered multiple times to celebrate his legacy.

Property Overview

Listing Type

Commercial Sale

Year Built

1900

Living Area

4,586 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1900

Living Area 4,586 sq ft

Lot Size 0.05 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $12,089

Interior Features

Flooring:

Appliances:

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Windows:

Basement:

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Security:

Construction & Materials

Year Built: 1900

Structure Type:

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Heating, Cooling & Utilities

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Exterior & Lot

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Parking & Garage

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Location

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Neighborhood

Downtown

110 Gorham St., Lowell MA 01852

Lowell, MA 01852

Walkability

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Schools

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Property Tax $1,007

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Sep 3, 2024

$649,900

Original listing

Agent: Spiro Skinsacos Office: LAER Realty Partners

Date	Event	Price	Change	$/sqft	Details
09/03/2024	🏠 Listed for Sale	$649,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Sep 3, 2024	New Listing Added	$649,900	—

Market Statistics

Days on Market

459 days

Price per Sq Ft

$142

Total Price Drop

-$119,100

Tax History

Year	Taxes	Assessment
2024	$12,089	—

Financial Details

Annual Property Tax

$12,089

Tax Year 2024

Listing Information

Listing Agent Spiro Skinsacos

Listing Office LAER Realty Partners

Agent MLS ID G8002601

Office MLS ID AN5442

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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110 Gorham St., Lowell MA 01852

About this home

Property Overview

Facts & Features

Home Facts

Interior

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Parking

Utilities

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Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

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