$1,300,000
$1,400,000
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50 Payne St Lowell, MA 01851
1.05 Acres Lot
Key Details
Sold Price $1,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73320261
Sold Date 12/30/24
HOA Y/N false
Year Built 1880
Annual Tax Amount $12,960
Tax Year 2023
Lot Size 1.050 Acres
Acres 1.05
Property Description
An incredible opportunity awaits with this 1+ ACRE parcel located in the new Multi-Family Overlay (MFON) zone. Situated along the scenic Pawtucket Canal, this property offers a prime location near the LRTA train station, Downtown, and major highways including Route 3 and I-495. With mixed-use zoning, the site presents possibilities for both residential and commercial development. Preliminary plans propose options for 25 townhomes or a 54-unit apartment building. Don't miss out on this rare opportunity—act quickly!
Location
State MA
County Middlesex
Zoning TMU
Direction GPS
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 20
Others
Senior Community false
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Bought with Christian Doherty • Doherty Properties