Commercial Sale at 32 Lowell St, Reading MA 01867
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$1,495,000

32 Lowell St, Reading MA 01867
Reading, MA 01867
Listed by Jeremy Cyrier
Bedrooms
N/A
Bathrooms
N/A
Living area
7,041 sqft
Year built
1917

About this home

Rare opportunity to acquire one of Reading's most architecturally distinguished buildings — a 7,041 SF Late Gothic Revival limestone and granite structure designed by George H. Sidebottom in 1913. Listed on the Massachusetts Historic Register, the property sits at the intersection of Routes 28 & 129, just 0.33 miles from the MBTA Commuter Rail Station (Walk Score: 81). Seller is completing stone facade restoration prior to closing. Zoned S-15 on a 21,175 SF lot with an estimated capacity of 270, the building is ideal for performing arts or enrichment schools, wellness studios, non-profit or civic organizations, and professional associations. Massachusetts Historic Register status creates potential eligibility for state and federal historic tax credits, making residential conversion a compelling option. Real Estate Taxes (2024): $10,315. Seller seeks occupancy through July 31, 2026.

Property details

MLS
MLS Property Information Network
MLS #
73469976
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
276
On market date
January 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.49 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.

Elementary
Joshua Eaton
0.87 mi away · Grades 0-5
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
375
Student:teacher ratio
14.4:1
District
Reading
Middle
Walter S Parker Middle
0.6 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
485
Student:teacher ratio
10.3:1
District
Reading
High
Reading Memorial High
0.65 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
1,135
Student:teacher ratio
12.9:1
District
Reading

Walkability

Blended score for Reading'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).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks15
Schools18
Transit stops11
Pharmacies3

Market position

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

On the market 276 days -- 200 more days than Reading's current average of 76 days.
For reference, the median list price across 124 active listings in Reading right now is $797,000.

Mortgage calculator

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

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Est. monthly payment
$9,153/mo
$299,000 down
$1,196,000 loan
Principal & interest$7,757
Property tax (est.)$1,246
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 28, 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.