Listing agent Brian DApice from The Mega Group
OPPORTUNITY ZONE INVESTMENT - 11.85% CAP - New Hotel License was issued Dec. 2019 - Situated in the heart of downtown Lowell rests this circa 1825 Greek Revival brick building, currently a mixed-use investment property featuring a restaurant tenant on the first floor with a boarding house / hotel above, overlooking a brick paved courtyard. The hotel features 27-rooms on three living levels with common bathrooms and coin-operated laundry. Historically known as Mrs. Hildreth’s Boarding House, the property is believed to have had President Lincoln once speak to the public from the open porch. 278 Central Street Lowell is at the junction of Route 110 in downtown, about 3/4 mile from the Lowell Connector.
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