Address
50 Payne St, Lowell, MA
Price
$ 1,700,000
Property Attributes
  • MLS#73139976
  • TypeCommercial
  • CountyMIDDLESEX
  • CityLowell
  • Zip01851
  • StyleCommercial
  • Year Built1880
  • Taxes$ 12960
  • Price$ 1,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.05 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

CALLING BUILDERS AND DEVELOPERS - POSSIBLE 54 UNITS! Don't miss out on this fantastic opportunity to capitalize on the new Multi-family overlay (MFON) zone. This property offers OVER ONE ACRE (1 ACRE +) parcel of land conveniently situated along the Pawtucket canal. This property is ideally located near the LRTA train station, near Downtown, major highways RTE 3, and 495. The mixed-use zoning may allow for both residential and commercial projects. Preliminary plans include 25 Townhouses or a 54 unit apartment building. Act fast, this opportunity won't last!

Price History
7/24/2023 Listed $1,999,000
11/7/2023 15% - $1,700,000

General Features

Utilities Public Water,Public Sewer
Zoning TMU
Year Built 1880
Tax Year 2023
Business Type Commercial
County Middlesex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions GPS
City Lowell
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 45764
Waterfront Y/N No
Street Name Payne St
Tax Annual Amount 12960
Home Warranty Y/N No
Building Area Units Square Feet
Lease Type Other (See Remarks)
Standard Status Active

Exterior Features

Total Parking 20
Lot Size Area 1.05
Lot Size Acres 1.05
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01851

Price
AVG $470K
$1.7M
Taxes
AVG $13,003
$12,960
Visits
AVG 191
510
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1880
Walkscore
AVG 72
85
Data Provided by Walkscore® not using MLS data

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