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    50 Inman St Lawrence, MA 01843

    For Sale
    $364,900

    Leased commercial property with land in vibrant business district.

    Lot size:
    0.06 Acres

    Property Features for 50 Inman St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1960

    Source: Liriano Realty Agent Jonathan Medrano

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

    Overview

    Leased Commercial Property with Land

    This commercial property, ideal for investors, includes the land. The property is situated on a 2,820 sq. ft. lot and features 1,128 sq. ft. of usable building space. It is currently leased to a long-standing tenant, generating consistent rental income. The property benefits from a prime corner location within South Lawrence's vibrant business district, offering excellent visibility and convenient access to public transit. This property represents a strategic addition to any investment portfolio.
    Insight Report Location Intelligence

    Current Use by Public Records

    Suazo Market Grocery Store Ole Market Convenience Store

    Suggested Use

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

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

    Similar Places Nearby

    Flowers By Val, Wilmarie Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1600201
    Latitude
    42.6880653

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    FAQs

    What type of property is this?
    Storefront property - Leased commercial property with land in vibrant business district.
    Where is this storefront property located?
    The property is located at 50 Inman St Lawrence, MA.
    What is the asking price?
    The asking price for this property is $364,900.
    What are key features of this property?
    This property features: - Leased commercial property generating steady rental income; - Prime corner location in South Lawrence's vibrant business district; - Includes a 2,820 sq. ft. lot
    (617) 435-6343
    Request Owner's contact information
    50 Inman St Lawrence, MA 01843
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    50 Inman St
    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
    50 Inman St Lawrence, MA 01843
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