Lawrence Retail Investment
For Sale
$1,399,000
138-160 Broadway, Lawrence, MA 01841
Prime commercial property with high traffic and long-term tenants.
Property SizeContact for details
Days on Market466
Property Features for 138-160 Broadway
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$19,856
Building Details
Year Built
1990
Listing Agency:
Home Shop Properties, Inc.
Listed By:
Johan Lopez
Source:
Corcoran
Added: May 24, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 Home Shop Properties, Inc.
Investment Insights
Based on property information with market context.
This commercial property is located at the corner of Broadway and Lowell Street, a busy intersection in Lawrence. The offering includes 7 retail spaces totaling approximately 7,270 square feet across two buildings located at 138-146 Broadway and 156-160 Broadway, as well as a separately deeded parking lot at 250-252 Lowell St. The property features longstanding tenants, including Mendez Flowers and NYC United Express, which have been operating for over 25 years, with other tenants operating for 10 or more years. The property benefits from high foot and vehicle traffic, excellent visibility, private parking, and basement storage. The property has a strong income history and minimal vacancy.
Key Highlights
- Prime location at the corner of Broadway and Lowell St, a high‑traffic intersection.
- Substantial commercial space: 7 retail spaces totaling approximately 7,270 SF.
- Includes a separately deeded private parking lot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,321
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01841, MA
53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Prime commercial property with high traffic and long-term tenants.
Where is this shopping center located?
The property is located at 138-160 Broadway Lawrence, MA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Prime location at the corner of Broadway and Lowell St, a high‑traffic intersection.; Substantial commercial space: **7 retail spaces totaling approximately 7,270 SF**.; Includes a separately deeded private parking lot.
