Search
Restaurant and Grocery Store Opportunity

205 South Union Street, Lawrence, MA 01843

For Sale
$145,000

Fully operational Spanish restaurant and grocery store for sale.

Property SizeContact for details
Days on Market404

Property Features for 205 South Union Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1998
Listing Agency: Keller Williams Realty Evolution
Listed By: Albania Perez
Source: Stevebremis
Added: Oct 6, 2025 Changed: Aug 9 Last Checked: Aug 9 at 8:12PM

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 Keller Williams Realty Evolution

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

A fully operational Spanish restaurant and grocery store, "BANI GROCERY & RESTAURANT", is available for sale in a high-traffic location in South Lawrence. This established business features a functional mix of retail grocery space and a professional kitchen equipped for full-service restaurant and prepared foods. The business has active DoorDash and Uber Eats partnerships, providing access to a wide local delivery radius. The sale includes all existing furniture, fixtures, equipment, and inventory. This is a ready-for-occupancy space at 205 S. Union St with a loyal walk-in customer base and established delivery revenue streams.

Key Highlights

  • Fully operational Spanish restaurant and grocery store in a high‑traffic location.
  • Includes all existing furniture, fixtures, equipment, and inventory.
  • Established business with loyal walk‑in customer base.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Papi Grocery & Restaurant Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Travel Agency Pet Grooming Service Pet Store Pet Store & Service

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

1,432
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Apparel 28% Shops & Services 26% Home Improvements & Furnishings 1%
Marshalls Apparel
23,227 visits/mo 0.4 miles
Wendy's Dining
21,391 visits/mo 0.5 miles
Taco Bell Dining
16,440 visits/mo 0.4 miles
Cumberland Farms Shops & Services
15,508 visits/mo 0.5 miles
Speedway Shops & Services
9,255 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Restaurants in Lawrence

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Restaurant - Fully operational Spanish restaurant and grocery store for sale.
Where is this restaurant located?
The property is located at 205 South Union Street Lawrence, MA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Fully operational Spanish restaurant and grocery store in a high‑traffic location.; Includes all existing furniture, fixtures, equipment, and inventory.; Established business with loyal walk‑in customer base.
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved