241 Central Street, Lowell, MA, 01852

241 Central Street Lowell, MA 01852

241 Central Street, Lowell, MA, 01852
241 Central Street, Lowell, MA, 01852
FOR SALE
Property Type:
Restaurant
Amount:
$849,900
Last Verified:
Jun 04, 2019

Highlights

  • Great Downtown Location
  • Potential for expansion
  • Opportunity Zone

Description

Property and Bar business for sale.

.11 Acres in Dowtown Lowell


Year Built: 1880
Building Size: 9856.0sq ft
Lot Size: 0.11 acres

Map of 241 Central Street, Lowell, MA, 01852

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.