Sold
$1,600,000on January 21, 2026
Listed at $1,900,000 · -15.8% vs list
$1,900,000
Sold540 Merrimack Street
Lowell, MA, 01854
Commercial · MLS #73427504
Sold in
Same day
Lot size
0.37 ac
0.37 acres
Lot
About this home
Corner lot on Merrimack Street and Hanover Street with mixed use building prime for re-development in the MBTA overlay district. Sale includes three parcels: 540 Merrimack Street - an existing mixed use building with 2 commercial units and 6 residential apartments on 0.03 acres; 520 Merrimack Street - a 0.31 acre adjacent vacant lot currently leased out for parking; and 11 Hanover Street - a 0.03 acre lot providing a second entrance to the parking lot/access around the existing building. The El Kareh building at 540 Merrimack Street consists of commercial space on the ground floor: a large street retail unit formerly a high end hair salon, a second street retail unit with separate entrance on Hanover Street formerly used as a dress shop. Upper floors include up to six apartments. At one point the 2nd floor was used as a dentist office. Utilities are on. Adjacent lot offers adequate parking for both businesses and residences. Parking lot is currently leased to adjacent market m2m.
Property details
- Parking
- 21+ Spaces, Paved Driveway, Permeable Pavement
Listed by Nicole Canavan · Commonwealth Standard Realty Advisors
This home has sold
Sold for $1,600,000on January 21, 2026
-15.8% vs list
Showings aren't available for this property, but Antonio Illas can find you homes like this one in Lowell that are still on the market.
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