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Fifth-Floor Office Suite
For Lease
$15.95 SF/Yr

1 Union Street Unit 500, Lawrence, MA 01841

Private kitchen, two bathrooms, conference rooms, and key card entry support a secure, self-contained office setting.

Space Size11,400 SF
Days on Market13

Property Features for 1 Union Street Unit 500

General Information

Standard status Active
Size 11,400 SF
Net Rentable 11,400 SF
Lease Type NNN

Space & Availability

Available Space 11,400 SF
Contiguous Space 11,400 SF
Floor 5
Space Use Office

Lease Terms

Lease Rate $15.95 /USD/SF/YR
Monthly Rent $15,152
Rent per SF/Year $15.95

Amenities

exclusive kitchen
exclusive bathroom
key card access
new windows
highly efficient heating and air conditioning systems
high speed voice, data and wireless infrastructure
river views
natural light
ample free parking

Building Details

Year Built 1899
Listing Agency: The Edge Group,Inc.
Listed By: Gary Sidell
Source: Flowrealty
Added: Aug 18 Changed: Aug 29 Last Checked: Aug 29 at 11:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Edge Group,Inc.

Investment Insights

Based on property information with market context.

The fifth-floor office suite at 1 Union St., #500, provides 11,400 SF of workspace within a historic mill building constructed in 1899. The configuration includes a waiting area, substantial private offices, large conference rooms, an exclusive kitchen, and two exclusive bathrooms. Key card entry supports controlled access, while new windows and efficient heating and air conditioning systems contribute to the upgraded interior environment. High-speed voice, data, and wireless infrastructure is also in place.

The property is positioned along the Merrimack River in Lawrence, with river views, abundant natural light, and ample free parking. The office space may be customized to suit tenant requirements and is identified with zoning designation 4000.

Key Highlights

  • 11,400 SF fifth‑floor office suite
  • Waiting area, private offices, and large conference rooms
  • Exclusive kitchen and two exclusive bathrooms

Property Analytics

Current Use

Boston Home Health Home Health Care Service Essex County Registry ... State Government Office Blacksmith Applications (Bike/Boat/Book/etc) Store MassHire Merrimack Valley ... State Government Office Loading Dock Apartment Complex

Suggested Use

Top Pick Pet Grooming Service Acupuncture Pet Store Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,741
Businesses Nearby

Demographics for 01841, MA

53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value

Market

Lease Benchmarks for Lawrence, MA

$18.2 /SF/Yr
Avg Asking Price
$13–$24 /SF/Yr
Price Range
5,062 SF
Avg Space Size

This space is priced 12% below the average of $18.2 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private kitchen, two bathrooms, conference rooms, and key card entry support a secure, self-contained office setting.
Where is this office units located?
The property is located at 1 Union Street Unit 500 Lawrence, MA.
What is the lease rate?
The lease rate is $15.95 SF/Yr.
What are key features of this property?
This property features: 11,400 SF fifth‑floor office suite; Waiting area, private offices, and large conference rooms; Exclusive kitchen and two exclusive bathrooms
More about this property
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