347 Market St, Lowell, MA 01854

$1,250,000

0 beds 0 baths — Built 1975Active

About this home

Location, location, location. Olympia Restaurant. 3 buildings attached plus lot. Close to City Hall, Public Library, Fire Dept. & Police Dept. Also close to University of Massachusetts (Lowell) and Middlesex College. This is landmark restaurant with 2 functions (Acropolis & Zorba Room). In the same family for over 60 yrs. Selling as a package, real estate, business, equipment. Seating capacity, dinning room and 2 function halls over 400.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$9,625/mo

Real estate (PITI + HOA + PMI): $9,409
Utilities: $904
Transportation: $129
Other (entertainment): $158

Your monthly budget

Budget$10,125/mo

Remaining after TLC$500/mo

Purchase price

$1,250,000

Down payment

$62,500 (5%)

Loan amount

$1,187,500

APR

Quick facts

Type

COM

Style

—

Year built

1975

Lot size

0.36 ac

Stories

Heating

—

Cooling

—

Water

—

HOA

—

Annual tax

$20,405

MLS #

73027974

County

Middlesex

Neighborhood — 01854

Metric	This ZIP	County	USA
Population	24,764	6,444,931	299,088,112
Population Change Since1990	2.00%	7.00%	20.00%
Population Density	5,664	786	—
Male	12,388	3,127,134	147,432,321
Female	12,376	3,317,797	151,655,844
Never Married	7,630	1,612,885	63,775,926
Married	7,633	2,586,314	123,120,365
Separated	1,544	247,857	12,639,686
Widowed	1,366	363,594	15,467,586
Divorced	1,748	436,888	23,075,029
Number Of House Hold	8,337	2,431,591	111,826,380
Average House Hold Size	2.67	2.56	2.60
Medial Age	31.98	37.25	35.46
Median House Hold Income	$45,280	$57,698	$48,276
Average House Hold Income	$53,732	$75,023	$63,629
P C I	$20,111	$29,196	$24,529
M D I	$39,083	$48,105	$41,133
A T H E	$45,838	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	80.90%	81.38%	77.74%

(Zip) Code

1854

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

See walkability, transit, and bike scores for 347 Market St, Lowell, MA 01854 on walkscore.com →

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Listing information last refreshed 8/22/2022. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.