Bar with Residential
For Sale
Contact for pricing
Pending
151 S Union St, Lawrence, MA 01843
Operating bar business with two upstairs residential rental apartments.
Property SizeContact for details
Days on Market141
Property Features for 151 S Union St
General Information
Standard status
Pending
Total Parking Spaces
5
Property subtype
Special Purpose
Additional Details
Business Included
Yes
Multifamily Units
2
Listing Agency:
CENTURY 21 North East Everett
Listed By:
Philip Terban · License #MA
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:44PM
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 CENTURY 21 North East Everett
Investment Insights
Based on property information with market context.
This operating bar property includes a transferable full liquor license and two residential rental apartments on the upper level. The premises feature a 60 × 25 outside drinking area with three picnic tables, a 24 × 24 game room, two recovered 7-foot pool tables, stand-up and under-counter coolers, seating, televisions, and a 350-pound Manitowoc ice machine. Both restrooms have been remodeled, and one upstairs apartment was recently renovated.
Building improvements include a new roof and gutters, two new hot water heaters, three new furnaces, two new central air conditioners, and a new security camera system. Five parking spaces are located behind the building. The property is at 151 S Union St in Downtown Lawrence, with access described from Route 114 via S. Union St.
Building improvements include a new roof and gutters, two new hot water heaters, three new furnaces, two new central air conditioners, and a new security camera system. Five parking spaces are located behind the building. The property is at 151 S Union St in Downtown Lawrence, with access described from Route 114 via S. Union St.
Key Highlights
- Operating bar with transferable full liquor license
- Two upstairs residential rental apartments
- 60 × 25 outside drinking area with 3 picnic tables
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,815
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01843, MA
28,346
Population
10,968
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
8,337
Density / Sq Mi
$72,163
Median Household Income
$38,957
Median Earnings
$1,703
Median Rent
$393,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Lawrence British Club — 80 Cambridge St, Lawrence, MA 01843
- J & B Lounge — 151 S Union St, Lawrence, MA 01843
- Hayes Tavern — 167 S Union St, Lawrence, MA 01843
- Camila Surf n' Turf — 13 S Broadway, Lawrence, MA 01843
- LADIES AND GENTLEMEN — market st, lawrence, ma 01843
Frequently Asked Questions
What type of property is this?
Bar & Pub - Operating bar business with two upstairs residential rental apartments.
Where is this bar & pub located?
The property is located at 151 S Union St Lawrence, MA.
What are key features of this property?
This property features: Operating bar with transferable full liquor license; Two upstairs residential rental apartments; 60 × 25 outside drinking area with 3 picnic tables
