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89 Appleton Street

Casa Cristiana De Restauracion Y Adoracion Inc Acquires Office In Lowell For $2.15M
SOLDOffice

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:

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

Benjamin Gatti

Greater Boston Commercial Properties

Broker

$53.8M

vol

15 deals

Broker

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