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    309-311 Merrimack St Lawrence, MA 01843

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    For Lease
    $2,000 /Mo ($42 SF/Yr)

    Retail space suitable for various businesses with high traffic.

    Property size:
    564 SF
    Lot size:
    0.57 Acres

    Property Features for 309-311 Merrimack St

    General Information

    Size
    564 SF
    Lot size
    0.57 Acres

    Source: Coldwell Banker Commercial | Haverhill Agent Steve Fisichelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with High Traffic

    This 564 square foot retail space is located on Merrimack Street and is convenient to downtown and Route 495. The property features a storefront and benefits from high traffic count. Formerly used as a pizza store, this space is suitable for a multitude of businesses. Additionally, it can be leased with the adjacent 2011 square foot unit.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1477821
    Latitude
    42.7026397

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    FAQs

    What type of property is this?
    Retail space - Retail space suitable for various businesses with high traffic.
    Where is this retail space located?
    The property is located at 309-311 Merrimack St Lawrence, MA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: - High traffic count location.; - Convenient access to downtown and Rte 495.; - Good store front.
    (978) 994-6503
    Request Owner's contact information
    309-311 Merrimack St Lawrence, MA 01843
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    Lawrence, MA 01843
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    309-311 Merrimack St Lawrence, MA 01843
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