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    Mixed-Use Building with Tavern Lease Title is generated by Realmo AI

    159 S Union Street, Lawrence, MA 01843

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    For Sale
    $1,975,000

    Nine-unit mixed-use building includes two street-level commercial spaces leased to Hayes Tavern.

    Type:Multifamily
    Property size:
    15,000 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $131/SF
    Added:
    Jun 12, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 13 at 2:07 am

    Property Features for 159 S Union Street

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    0.16 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1930

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    Spencer Norton

    Listing office Horvath & Tremblay

    Listing date Jun 12, 2026

    Source Classifiedrealtygroup

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

    All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

    HighLights

    • Nine‑unit mixed‑use property (7 residential units + 2 street‑level commercial units) at 159 S Union St
    • Commercial spaces are leased to Hayes Tavern, who recently signed a brand‑new lease
    • 11,280 SF gross living area within 15,000 SF gross area
    • Includes seven 3‑bedroom/1‑bath residential units plus two street‑level commercial units
    • 0.16‑acre parcel with 7 off‑street parking spaces
    • Separately metered gas heat/hot water and individually metered electricity (tenants pay); landlord pays domestic water and sewer

    Overview

    159 S Union Street is a mixed-use property containing nine total units on 15,000 square feet of gross area. The residential component consists of seven 3-bedroom/1-bathroom units, and there are also two street-level commercial units with 11,280 square feet of gross living area. The commercial spaces are both occupied by Hayes Tavern, which recently signed a brand-new lease.

    The property sits on a 0.16-acre parcel and includes seven off-street parking spaces. The building is separately metered for gas-powered heat and hot water, as well as individually metered electricity, which tenants pay directly. The landlord provides domestic water and sewer services and pays those utilities.

    For tenants, buyers, and operators, this setup offers an on-site blend of residential income units and street-level commercial tenancy. The separately metered utility configuration for heat/hot water and electricity can simplify tenant billing, while the landlord-maintained domestic water and sewer provide centralized responsibility. With the tavern lease in place at the street level, the property supports a mixed-use operating model in a walkable South Lawrence location with convenient access to local amenities.
    Location Intelligence

    Current Use by Public Records

    MOJO's graphics shop Electronics & Wireless Store MOJO’S GRAPHICS Marketing & Advertising

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1536592
    Latitude
    42.6976319

    FAQs

    What type of property is this?
    Apartment building - Nine-unit mixed-use building includes two street-level commercial spaces leased to Hayes Tavern.
    Where is this apartment building located?
    The property is located at 159 S Union Street Lawrence, MA.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: Nine‑unit mixed‑use property (7 residential units + 2 street‑level commercial units) at 159 S Union St; Commercial spaces are leased to Hayes Tavern, who recently signed a brand‑new lease; 11,280 SF gross living area within 15,000 SF gross area
    More about this property
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