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    Lawrence, MA
    Conventional Restaurant

    Lawrence, MA Conventional Restaurants for Sale

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    Turnkey Restaurant & Real Estate
    Updated: Feb 7
    Turnkey Restaurant & Real Estate

    118-124 South Union Street, Lawrence, MA 01843

    $2,175,000
    5,549 sqft 0.44 AC lot
    Turnkey restaurant and real estate opportunity with established business and strong local reputation.
    Large capacity: Indoor seating for up to 500 guests and outdoor patio for 240.
    Fully equipped commercial kitchen, prep areas, and two full bars.
    Includes real estate (5,549 SF on 19,166 SF lot) with ample parking (40+ vehicles).
    Recent upgrades include structural improvements, new siding/roofing, and high‑end interior finishes.
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    This listing looks promising.

    Here's a quick look at some key insights for

    118-124 South Union Street, Lawrence, MA 01843

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $103K
      Annual

    • Price @ 7% Cap

      $1.47M
      Suggested
    View Property Analytics
    Turnkey Bakery with Commercial Kitchen
    Updated: Apr 9
    Turnkey Bakery with Commercial Kitchen

    139 Water St, Lawrence, MA 01841

    $600,000
    Lawrence commercial property built in 1950, currently operating as a fully equipped bakery
    Commercial kitchen includes ovens, mixers, refrigeration units, and display cases
    Layout features a customer‑facing retail area plus dedicated prep space, storage, and professional‑grade kitchen
    Street presence in a dense urban setting with convenient access to major highways and public transportation
    Building designed for food service use with potential for other retail or food‑related uses, subject to buyer due diligence and local zoning
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    Restaurant and Grocery Store Opportunity
    Restaurant and Grocery Store Opportunity

    205 South Union Street, Lawrence, MA 01843

    $145,000

    Fully operational Spanish restaurant and grocery store for sale.

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    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    226 Essex St, Lawrence, MA 01843

    $1,000,000

    Fully operational restaurant sale includes the business and FF&E, with lease transfer subject to landlord approval.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Grocery and Restaurant Storefront
    Grocery and Restaurant Storefront

    200-200 Broadway, Lawrence, MA 01840

    $460,000

    Open-layout retail space currently operating as a grocery store and restaurant with strong street visibility on a busy thoroughfare.

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    Retail Storefront with Open Layout
    Retail Storefront with Open Layout

    200 Broadway, #200, Lawrence, MA 01840

    $460,000

    Storefront currently configured for a grocery store and restaurant with an open layout on busy Broadway.

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    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    226 Essex Street, Lawrence, MA 01843

    $1,000,000

    Fully operational restaurant sale includes established business and included FF&E and equipment.

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    Restaurant Condo with Kitchen Equipment
    Restaurant Condo with Kitchen Equipment

    46 Amesbury St 1C, Lawrence, MA 01840

    $469,900

    Restaurant condo unit currently occupied by a long-term tenant and includes owner-owned kitchen equipment.

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    Turn-Key Restaurant Opportunity
    Turn-Key Restaurant Opportunity

    257 Essex, Lawrence, MA 01840

    $280,000

    Fully equipped restaurant operation available for acquisition with property and flexible ownership options.

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    Dominican Restaurant with Fully Equipped Kitchen
    Dominican Restaurant with Fully Equipped Kitchen

    205 Broadway Unit: 5, Lawrence, MA 01840

    $330,000

    For-sale Dominican restaurant offering dine-in and takeout with a fully equipped kitchen and delivery-platform partnerships.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Lawrence, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Restaurant Opportunity on Route 38
    Prime Restaurant Opportunity on Route 38

    885 Main Street, Tewksbury, MA 01876

    $999,800
    6,256 sqft

    Well-equipped restaurant with liquor license and function room.

    View details
    Remodeled Restaurant/Bar with Lease
    Remodeled Restaurant/Bar with Lease

    2254 Main Street, Tewksbury, MA 01876

    $949,900
    3,260 sqft

    Remodeled restaurant/bar with existing tenant and parking.

    View details
    Fast-Casual Restaurant Franchise
    Fast-Casual Restaurant Franchise

    99 Rockingham Park Blvd, Salem, NH 03073

    $329,000

    Turnkey franchise acquisition includes the restaurant business and owned FF&E, operating within a high-occupancy regional mall setting.

    View details
    Triple-Net QSR Leasehold
    Triple-Net QSR Leasehold

    322 South Broadway, Salem, NH 03079

    Contact for pricing

    Leasehold interest for Taco Bell/Long John Silver's with corporate guarantee and 8+ years remaining on the base term.

    View details

    Lawrence, MA Conventional Restaurants Market Trends and Statistics

    Explore 10 conventional restaurants for sale in Lawrence, MA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 5,549 square feet of properties for sale, with an estimated market value of $2,175,000.

    Sale prices for conventional restaurants in Lawrence, MA start at $2,175,000, averaging $2,175,000, and reaching up to $2,175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 11
    Commercial kitchens 3
    Bars & Pubs 2
    Drive through restaurants 1

    Demographics Overview

    Population 88K
    Population Growth (5Y) +15.8%
    Median Household Income $58,609
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Lawrence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01840 $460K
    01841 $480K
    01843 $656.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $12.76 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lawrence, MA

    • 01840
    • 01843
    • 01841

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