Commercial Condo For Sale - Restaurant & Bar

Asking Price$850,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Commercial Condo For Sale - Restaurant & Bar


Asking Price$850,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Prime Downtown Lowell Commercial Opportunity - Two Separate Units, Restaurant & Bar Condominiums

Exceptional investment opportunity featuring two fully-equipped commercial condominiums in the heart of downtown Lowell with outdoor space abutting the Eastern Canal. This rare offering includes a turnkey restaurant currently being operated as a Sushi Restaurant for over 20 years and the second unit a fully-equipped bar / lounge.

The 2 commercial condominiums are listed together for $1,299,900.00 or leased together for $7,000.00 monthly. ( Restaurant only $4,500.00 mo, Bar / Lounge only $2,500.00 mo )

Property Details:
- Front Unit: 2,684 sf fully-equipped restaurant (currently operating as sushi restaurant)
- Rear Unit: 1,815 sf fully-equipped bar space (ready for immediate operation)
- Total Indoor Space: 4,499 sf
- Outdoor Area: 4,000 sf along Eastern Canal (27 Kearney Square)
- Includes access to the 14-foot wide alley abutting Eastern Canal

Location Advantages:
Situated in downtown Lowell's prime commercial district with exceptional foot traffic and visibility. Walking distance to major attractions and institutions including Middlesex Community College, Lowell Auditorium, UMass Lowell, shopping centers, and public transportation hubs including train and bus stations. Direct access to the Lowell Connector ensures excellent accessibility to major highways.

Unique Features:
- Canal-front location with outdoor seating and event capabilities
- Turnkey operations with all restaurant and bar equipment included
- Flexible configuration - operate separately or combine units
- Established restaurant operation with years of successful history
- Prime downtown location with high visibility and foot traffic

The front unit operates as an established sushi restaurant with retiring owners, providing immediate revenue potential. The rear unit, a fully equipped bar / lounge offers unlimited customization opportunities for new operators. The expansive outdoor area along the canal provides exceptional potential for outdoor dining, events, and entertainment.

This versatile property offers multiple business opportunities in one of Lowell's most desirable commercial locations. Perfect for restaurateurs, bar operators, or investors seeking premium downtown real estate with established infrastructure and unlimited potential.
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
The commercial condo is a Fully equipped Restaurant and the space also has a driveway along the canal for outdoor seating and events.
Location Description
Located in the Heart of Downtown Lowell w/ Canal Frontage. The property is next door to Middlesex Community College, The Lowell Auditorium, U Mass Lowell, Hotel, Shopping, Public Transportation and more. The property has area along the canal for outdoor seating and events.
Current and Prior Use
The Sellers are retiring and just closed the doors. The space is a fully built out restaurant, furnished and was used last as a sushi restaurant. Once in lifetime opportunity. Prime downtown Lowell location. The unit, 15-1 Kearney is a 2,684 sf full service restaurant that includes all equipment as attached. This sale will also includes access to a portion 14 foot wide owned alley way that abuts Eastern Canal and the building. This 4,000 sf area is known as 27 Kearney Sq. Currently the area is utilized as outside seating for the restaurant.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Will provide with signed non disclosure.
Listing Info
ID:
2428664
Listing Views:
8
Attached DocumentsAttachment Disclaimer

15 Kearney Unit 1.jpg.pdf

Business Location

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Property Listed by: Timothy Shanahan

Listing ID: 2428664 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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