Casa Cristiana De Restauracion Y Adoracion Inc Acquires Office In Lowell For $2.15M
89 Appleton Street
$2,150,000
$79/SF
Building Size
26,963 SF
Asset Type
Office
Closing
Aug 7, 2026
AI
The property asset involved in the transaction is located at 89 Appleton Street, Lowell, MA. It is an office asset that encompasses 26,963 square feet and was sold for $2,150,000, resulting in a price per square foot of $80.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,150,000
- Address: 89 Appleton Street
- Market: Lowell, MA
- Square Footage: 26,963
- Price per Square Foot: $80
- Buyer: Casa Cristiana De Restauracion Y Adoracion Inc
- Broker: Tyler DeWolfe & Ben Gatti - Greater Boston Commercial Properties
Greater Boston Commercial Properties facilitated the sale, marking a significant transaction in the area. The deal showcases the involvement of Tyler DeWolfe and Ben Gatti representing the buyers in this transaction.
Players
Appleton Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93