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    79 Common St Lawrence, MA 01840

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    For Lease
    $1,800 /Mo

    Highly visible corner space in Downtown Lawrence, suitable for various businesses.

    Lot size:
    0.06 Acres

    Property Features for 79 Common St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1896

    Source: eXp Realty Agent Michelle Silverio

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

    Overview

    Downtown Corner Commercial Space Available

    This corner commercial space is located at Common & Newbury Street in Downtown Lawrence. The space is suitable for retail, office, or service-based businesses. The location benefits from high foot traffic and strong street visibility. The lease terms are flexible, and the rent includes electricity, water, and heat. The space is available for immediate occupancy.
    Location Intelligence

    Current Use by Public Records

    Brado's Subs & Pizza Pizza Restaurant

    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
    -71.155789
    Latitude
    42.7086937

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    FAQs

    What type of property is this?
    Retail space - Highly visible corner space in Downtown Lawrence, suitable for various businesses.
    Where is this retail space located?
    The property is located at 79 Common St Lawrence, MA.
    What are key features of this property?
    This property features: - Highly visible corner location at Common & Newbury Street in Downtown Lawrence.; - Rent includes electricity, water, and heat.; - Immediate availability.
    (978) 397-9983
    Request Owner's contact information
    79 Common 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
    79 Common St Lawrence, MA 01840
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