Iconic Cote's Market has been in business for over 100 years. Close to UMASS Lowell and over $85,000 in upgrades in the past 6 years including new display coolers, fridge units, freezers, and mini split systems. This turnkey business is well-established with the Famous Cote's Beans, prepared foods, and groceries and ready for expansion with 9 pizza ovens. Ancil system already installed as well as a security system. The storage area has 2 walk-in coolers and a walk-in freezer. Additional storage in the basement. Long term lease is available. Business has Lottery, cigarettes, EBT, plus both on and off street parking. Owner willing to stay on to train new owner. The unit will have a 5 year lease with 2 five year renewal options.
175 Salem Street, Lowell, MA, 01854
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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