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    OFF-MARKET
    Industrial properties

    25 Marston St 1, Lawrence, MA 01841-2355

    4,072 SF 2.23 ac lot Built 1920
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-2168875
    Property summary
    AI-generated overview

    This exceptional 895,000 USD medical office space, located at 25 Marston Street, unit 402, in Lawrence, MA, presents a unique opportunity for medical professionals seeking a prestigious and functional workspace. Situated on the top floor of the Marston Medical Center, this meticulously maintained unit boasts breathtaking views of the Merrimack River and the historic mills. The space features an abundance of natural light streaming through massive windows, showcasing the exposed brick and impressive 13-foot ceilings. The interior is in mint condition, featuring a combination of gleaming hardwood and retro checkered flooring throughout. The layout is highly efficient, including multiple exam rooms, private offices, a welcoming and bright reception area, a well-equipped kitchen, and three bathrooms. The convenience of this location is unparalleled, with easy access to Lawrence General Hospital and immediate proximity to I-495. Ample garage parking is included, ensuring convenient access for both staff and patients. This truly turnkey property is ready for immediate occupancy and represents an exceptional investment opportunity in a thriving medical community. The property is classified as "Other" and is located on a 0-acre lot. The square footage is not specified.

    Property profile
    Verified
    Property type Industrial properties
    Use group CONDOMINIUMS (INDUSTRIAL)
    Year built 1920
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,072 SF
    Lot 2.23 ac (97,139 SF)
    APN LAWR M:0048 B:0006 L:0001
    UPID US38-2168875
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • New England Eye and Facial Specialists Ophthalmologist
    • Sofia Chiropractic: Dr. Mark Sofia DC Alternative Medicine Practice
    • New England Eye & Facial Specialists Spa & Massage Center Alternative Medicine Practice
    • Audra Williams, MD Pediatrician Physician
    • Community Medical Associates Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Marston Laser Hldg LLC · 3 yrs held
    Marston Laser Hldg LLC
    since 2022
    2 recorded transactions
    2022
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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