25 Lowell StWilmington, MA 01887

Property Details for 25 Lowell St

Year built

1970

Construction

FRAME

Property size (Sq ft)

1,108 SF

Property type

Office properties

APN

WILM M:0040 L:0001 P:0006A

APU

WILMM0040L0001P0006A

Description

This exceptional 1,108 square foot medical office condo is situated in a desirable two-story building at 25 Lowell Street, Wilmington, MA. Located at the intersection of Routes 38 and 129 in the Central Business zoning district of Middlesex County, this first-floor unit offers unparalleled visibility and accessibility. The unit features a private, handicap-accessible entrance, perfect for patient convenience. Inside, you'll find a welcoming reception and waiting area, three exam rooms complete with sinks, two private offices ideal for consultations or administrative work, and a dedicated file storage room. The unit also includes one private restroom, supplemented by two additional restrooms located in the common hallway. The building itself is a four-unit stand-alone structure currently housing a diverse mix of tenants, including a general dentist, an orthodontist, and an accountant. This ensures a thriving and established professional environment. The condo fee is currently $441 per month, and utilities are the responsibility of the tenant. Excellent signage opportunities are available on the building's exterior, providing strong branding potential. This move-in ready space presents a fantastic opportunity for medical professionals seeking a well-appointed and conveniently located office.

• CAP approach

  CAP return

  Valuation

  6%

  $183,186

  6.5%

  $169,094

  7%

  $157,016

• Comparable approach

  Method

  Valuation

  Relative Method

  $144,771

  Geo Method

  $144,771

• Alternative Use

  Use

  Valuation

  Residential

  $209,677

  Hospitality

  $192,063

  Educational

  $159,794

  Medical

  $165,290

  Retail

  $248,569

Location Insight

City

Wilmington

County

Middlesex

State

Massachusetts

Latitude

42.5418

Longitude

-71.1663

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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