Commercial Sale at 197 Market St, Lowell
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28 photos

$600,000

Bedrooms
N/A
Bathrooms
N/A
Living area
4,056 sqft
Year built
1880
197 Market St
Lowell, MA 01852
Listed by Christian Doherty

Highlights

Property type
Commercial Sale
Lot size
0.05 acres
On market
76 days

About this home

Exceptional opportunity to own a great building in the heart of Downtown Lowell . This single-story brick building combines historic charm with modern upgrades, featuring a bright, open dining room with soaring 12’ ceilings, exposed brick walls, large storefront windows, and a welcoming bar. The great long term tenant in place with fully equipped kitchen with additional highlights include central AC, gas heat, polished finishes, and a full unfinished basement for storage. Surrounded by shops, offices, and event venues, this location benefits from heavy foot traffic, excellent visibility, and nearby parking. Ideal for launching a new concept or expanding your portfolio, this turnkey property offers unbeatable character, functionality, and investment potential in one of Lowell’s most vibrant districts. A rare find combining character and prime downtown visibility!

Property details

MLS
MLS Property Information Network
MLS #
73565608
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
76
On market date
August 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.05 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Lowell Community Charter Public School
0.24 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
822
Student:teacher ratio
12.8:1
District
Lowell Community Charter Public (District)
Middle
Kathryn P. Stoklosa Middle School
0.67 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
646
Student:teacher ratio
12.4:1
District
Lowell
HighCharter
Lowell Middlesex Academy Charter School
0.13 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
74
Student:teacher ratio
14.8:1
District
Lowell Middlesex Academy Charter (District)

Walkability

Blended score for Lowell's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Lowell, from live MLS data.

On the market 76 days -- 24 fewer days than Lowell's current average of 100 days.
For reference, the median list price across 625 active listings in Lowell right now is $379,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,763/mo
$120,000 down
$480,000 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated August 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.