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Retail Storefront with Open Layout
For Sale
$460,000

200 Broadway Unit 200, Lawrence, MA 01840

Storefront currently configured for a grocery store and restaurant with an open layout on busy Broadway.

Property SizeContact for details
Days on Market207

Property Features for 200 Broadway Unit 200

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Building Details

Year Built 1900
Listing Agency: Realty ONE Group Nest
Listed By: Kennia Mejia
Source: Thepropernest
Added: Feb 10 Changed: Sep 3 Last Checked: Sep 4 at 10:33AM

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 Realty ONE Group Nest

Investment Insights

Based on property information with market context.

This storefront property is currently occupied as a grocery store and restaurant. The interior is set up with an open layout that can support food service, a market, or other retail uses, based on the existing configuration.

Located at 200 Broadway in Lawrence, the space benefits from street visibility and convenient access in a busy, high-traffic area. Public remarks indicate strong foot traffic and steady local demand.

With a stable tenant in place, the property is positioned to provide immediate income potential while offering flexibility for continued retail and food service operations.

Key Highlights

  • Commercial storefront on busy Broadway in Lawrence
  • Year built 1900
  • Currently occupied by a grocery store and restaurant

Property Analytics

Current Use

Tenares Supermarket Grocery & Convenience Store

Suggested Use

Top Pick Acupuncture Garden Center Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,091
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01840, MA

7,121
Population
3,415
Households
2.1
Avg Household Size
36
Median Age
13%
College-Educated
69%
High-School Grad
0.5 sq mi
ZIP Area
14,242
Density / Sq Mi
$34,630
Median Household Income
$31,930
Median Earnings
$1,174
Median Rent

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Market Basket 700 Essex St, Lawrence, MA 01840
  • Union supermarket #2 2 May St, Lawrence, MA 01841
  • El Rincon Supermarket May St, Lawrence, MA 01841
  • TREMENDOS SUPERMARKET 165 Essex St, Lawrence, MA 01840
  • Rd Supermarket 354 Broadway, Lawrence, MA 01841

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Storefront currently configured for a grocery store and restaurant with an open layout on busy Broadway.
Where is this grocery and convenience store located?
The property is located at 200 Broadway Unit 200 Lawrence, MA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Commercial storefront on busy Broadway in Lawrence; Year built 1900; Currently occupied by a grocery store and restaurant
More about this property
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