198 University Ave, Lowell MA 01854

Lowell, MA 01854 • Centralville
$1,200
Est. $863/month
1,680
Sq Ft
$1
Price/Sq Ft
0.08
Acres
1930
Year Built
86
Days on Market
Active Listed Sep 11, 2025 • MLS# 73428801 Copied!

About this home

Great business opportunity. Featuring new ceilings, flooring, electrical, and heat. Great car & foot traffic count. It was formerly used as a barber shop. Both units feature a small office and a prominent display window at the front entrance. Numerous updates, too! Minutes from Highways, and seconds to the UMass campus, with public transportation available. Large new bathrooms with laminate flooring. Great potential opportunity for BOUTIQUE/ RETAIL/ BARBER/ SALON/ OFFICE, and MUCH MORE! Available immediately, upon a satisfactory application approved by the landlord. 1st Last, and 1 month security required. The tenant is responsible for confirming with City Hall for the approved uses of this space. Lease term negotiable from 1 to 5 years

Property Overview

Listing Type
Commercial Lease
Year Built
1930
Living Area
1,680 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1930
Living Area 1,680 sq ft
Lot Size 0.08 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
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, 110 Volts

Financial

Annual Tax $7,885

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Centralville

198 University Ave, Lowell MA 01854

Lowell, MA 01854

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $657
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

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 11, 2025
$1,200
Original listing
Agent: Timothy London Office: Berkshire Hathaway HomeServices Verani Realty Bradford

Price & Status History

Date Event Price Change
Sep 11, 2025 New Listing Added $1,200

Market Statistics

Days on Market
86 days
Price per Sq Ft
$1

Tax History

Year Taxes Assessment
2025 $7,885

Financial Details

Annual Property Tax
$7,885
Tax Year 2025

Listing Information

Listing Agent Timothy London
Listing Office Berkshire Hathaway HomeServices Verani Realty Bradford
Agent MLS ID CN244393
Office MLS ID AN5363
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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198 University Ave, Lowell MA 01854 - Photo 1 198 University Ave, Lowell MA 01854 - Photo 2 198 University Ave, Lowell MA 01854 - Photo 3 198 University Ave, Lowell MA 01854 - Photo 4 198 University Ave, Lowell MA 01854 - Photo 5 198 University Ave, Lowell MA 01854 - Photo 6 198 University Ave, Lowell MA 01854 - Photo 7 198 University Ave, Lowell MA 01854 - Photo 8 198 University Ave, Lowell MA 01854 - Photo 9 198 University Ave, Lowell MA 01854 - Photo 10 198 University Ave, Lowell MA 01854 - Photo 11 198 University Ave, Lowell MA 01854 - Photo 12 198 University Ave, Lowell MA 01854 - Photo 13 198 University Ave, Lowell MA 01854 - Photo 14 198 University Ave, Lowell MA 01854 - Photo 15

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