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Listed price in listed location currency (USD).
$1,600,000
$1,900,000

000

MLS® 73427504

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 5802 sqft
Garage No
HOA Fees 
Taxes $10,204
Approx. Age 1885
Avg. Price Per Sqft $327
MLS® Number 73427504

Property Address: 540 Merrimack St, Lowell, MA, 01854-3909

Average square foot calculated using Size range provided by listing agent.

Description

Corner lot on Merrimack Street and Hanover Street with mixed use building prime for re-development in the MBTA overlay district. Sale includes three parcels: 540 Merrimack Street - an existing mixed use building with 2 commercial units and 6 residential apartments on 0.03 acres; 520 Merrimack Street - a 0.31 acre adjacent vacant lot currently leased out for parking; and 11 Hanover Street - a 0.03 acre lot providing a second entrance to the parking lot/access around the existing building. The El Kareh building at 540 Merrimack Street consists of commercial space on the ground floor: a large street retail unit formerly a high end hair salon, a second street retail unit with separate entrance on Hanover Street formerly used as a dress shop. Upper floors include up to six apartments. At one point the 2nd floor was used as a dentist office. Utilities are on. Adjacent lot offers adequate parking for both businesses and residences. Parking lot is currently leased to adjacent market m2m.
MLS® Number73427504
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1885
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Dec 23, 2025End Date
$1,600,000Sold Price

Sold

Sep 8, 2025List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
540 Merrimack St, Lowell, MA

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