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    Mixed-Use Retail and SRO Building Title is generated by Realmo AI

    82 S Broadway, Lawrence, MA 01843

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    Claim this Listing
    New
    For Sale
    $2,995,000

    Well-maintained mixed-use property with three retail units and 38 SRO rooms plus recent major upgrades.

    Type:Commercial
    Property size:
    17,706 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $169/SF
    Added:
    Jun 12, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 16 at 2:13 am

    Property Features for 82 S Broadway

    General Information

    Standard status
    Active
    Size
    17,706 SF
    Lot size
    0.16 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    Bradford Carlson

    Listing agent Bradford Carlson

    Listing office New England Realty Advisors LLC

    Listing date Jun 12, 2026

    Source Kiklisre

    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 New England Realty Advisors LLC

    HighLights

    • 41‑unit mixed‑use building with 3 commercial units totaling 5,900 SF and 38 SRO units in 11,800 SF
    • 1900 year built property with 24,502 gross SF and 17,706 SF of living area
    • Recent upgrades completed in the past 3 years, including a new roof, new heating system, and state‑of‑the‑art security system
    • 0.16‑acre lot with direct access to Boston via I‑93/I‑495 and MA Route 28
    • Walkable to local retail, grocery, and parks; Lawrence Train Station with MBTA Haverhill Line service is 0.6 miles away
    • Cap rate upon acquisition is 10%; seller will consider other property in trade to accommodate a 1031 exchange

    Overview

    This 41-unit mixed-use building includes three commercial units totaling 5,900 SF and 38 SRO (single room occupancy) units totaling 11,800 SF, supported by 24,502 gross square feet. The property sits on 0.16 acres and is described as well-maintained. Recent building improvements include a new roof, a new heating system, and a state-of-the-art security system, with upgrades completed within the past three years.

    The property is located on the south side of Lawrence, with direct access to Boston via Interstates 93 and 495, MA Route 28, and service to Boston via the Lawrence Train Station on the MBTA’s Haverhill Line, about 0.6 miles away. It is also walkable to local retail establishments, grocery stores, and parks.

    For buyers and operators, the configuration offers both income-generating residential SRO housing and on-site commercial space within the same asset. The recent capital improvements may support lower near-term building maintenance needs, while the proximity to transit and everyday retail can be a practical fit for tenants seeking accessible living and convenient neighborhood services. The seller will consider other property in trade to help accommodate a 1031 exchange.
    Location Intelligence

    Current Use by Public Records

    Committee To Elect David ... Advocacy Group Rinconcito ecuatorian market Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.16299
    Latitude
    42.696419

    FAQs

    What type of property is this?
    Apartment building - Well-maintained mixed-use property with three retail units and 38 SRO rooms plus recent major upgrades.
    Where is this apartment building located?
    The property is located at 82 S Broadway Lawrence, MA.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: 41‑unit mixed‑use building with 3 commercial units totaling 5,900 SF and 38 SRO units in 11,800 SF; 1900 year built property with 24,502 gross SF and 17,706 SF of living area; Recent upgrades completed in the past 3 years, including a new roof, new heating system, and state‑of‑the‑art security system
    More about this property
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