240 SMITH ST
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Location
240 SMITH ST
Mblu
123/ 5400/ 240/ /
Parcel ID
T08600
Owner
SMITH & SHAW STREET LLC
PBN
Assessment
$568,000
Appraisal
$568,000
Internal ID
33520
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$487,500$80,500$568,000
Assessment
Valuation YearImprovementsLandTotal
2026$487,500$80,500$568,000

Owner of Record
OwnerSMITH & SHAW STREET LLC
Co-OwnerC/O PAT PEPICELLI
Address240 SMITH ST
LOWELL, MA 01851-3821
Sale Price$1
Certificate
Book & Page 19850/0052
Sale Date02/28/2006
Instrument1A

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SMITH & SHAW STREET LLC$1 19850/00521A02/28/2006
TRS SMITH STREET REALTY TRUST$95,000 02679/0009UNKQ 

Building Information
Building 1 : Section 1
Year Built: 1890
Living Area: 10,564
Replacement Cost: $704,753
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$472,200
Building Attributes
FieldDescription
Style:Heavy Indust
ModelIndustrial
GradeAverage
Stories:2
Occupancy2.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureWood Truss
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Pine/Soft Wood
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseFactory
Total Rooms 
Total Bedrms00
Total Baths5
1st Floor Use:4000
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,444 5,444
FUSUpper Story, Finished 5,120 5,120
UBMBasement, Unfinished 5,120 0
ULPLoading Platform, Unfinished 60 0
USTUtility, Storage, Unfinished 90 0
UUSUpper Story, Unfinished 324 0
   16,158 10,564

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CAIR CONDITION5000.00 UNITS$6,7001
SPR1SPRINKLERS-WET16000.00 S.F.$8,6001

Land
Land Use
Use Code4000
DescriptionFactory  
ZoneLI
NeighborhoodC900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.28
Frontage0
Depth0
Assessed Value$80,500
Appraised Value$80,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$448,100$80,500$528,600
2024$426,700$80,500$507,200
2023$411,000$80,500$491,500

Assessment
Valuation YearImprovementsLandTotal
2025$448,100$80,500$528,600
2024$426,700$80,500$507,200
2023$411,000$80,500$491,500

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