Remarks

This prime restaurant and retail space in Lowell offers three parcels totaling 0.88 acres with over 4,000 sq ft of fully equipped, turn-key restaurant and bar space!! Located just steps away from an exciting new city park development, which will feature an outdoor amphitheater, community building, splash pad, playground, and more, this property is positioned for high foot traffic and strong community engagement. The space includes a complete commercial kitchen, a full bar + equipment, a spacious dining area with booths, and a valuable 3-way liquor license, all set for immediate operation!!! With taxes under $10k per year and ample parking, this versatile property offers great potential for a variety of uses, whether as a casual dining spot, upscale restaurant, or event venue. Lowell is a thriving community, making this an ideal opportunity for entrepreneurs or investors looking to capitalize on a rapidly developing area!!

Details

MLS#: 814878
Price: $495,000

Style: Retail
Sq Ft: 4650
Year Built: 1970

County: Lake
Lot Size: 198x194
Tax Fee: 7405