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    1 Union St Lawrence, MA 01840

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    For Lease
    $15 SF/Yr ($2,613 /Mo)

    Shell space with river views, build to suit, abundant light.

    Property size:
    1,979 SF
    Lot size:
    1.00 Acre

    Property Features for 1 Union St

    General Information

    Size
    1,979 SF
    Lot size
    1.00 Acre

    Source: Bell Tower Commercial Real Estate Group Agent Gary Sidell

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

    Overview

    Versatile Office Space with River Views

    This fourth-floor office suite features large windows providing abundant natural light and beautiful river views. The space is a shell, offering versatility to divide and build to suit. Two layout options include 844 square feet and 1135 square feet, with a maximum contiguous space of 1979 square feet. The suite is adjacent to common bathrooms, and plumbing can easily be configured within the suite. The property features a brand new lobby and entrance, and is new construction with new windows and customized office spaces. Located minutes from the commuter rail, bus stop, and route 495, the property also offers plenty of parking. This is a NNN lease where the tenant pays a pro-rata share of utilities and operating expenses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boston Home Health Home Health Care Service Essex County Registry ... State Government Office Blacksmith Applications Software Company MassHire Merrimack Valley ... State Government Office Loading Dock Apartment Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market 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
    -71.1529784
    Latitude
    42.7028229

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    FAQs

    What type of property is this?
    Office space - Shell space with river views, build to suit, abundant light.
    Where is this office space located?
    The property is located at 1 Union St Lawrence, MA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Versatile shell space allows for customized build-out to suit specific needs.; - Abundant natural light from **large windows** and **beautiful river views**.; - Convenient location minutes from commuter rail, bus stop, and route 495.
    (978) 458-8822
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    1 Union St Lawrence, MA 01840
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    Lawrence, MA 01840
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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
    1 Union St Lawrence, MA 01840
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