Search
Restaurant and Grocery Store Opportunity
For Sale
$145,000

205 South Union Street, Lawrence, MA 01843

Fully operational Spanish restaurant and grocery store for sale.

Days on Market102

Property Features for 205 South Union Street

General Information

Standard status Active
Property subtype Business Opportunity

Building Details

Year Built 1998
Listing Agency: Keller Williams Realty Evolution
Listed By: Albania Perez
Source: Liongatere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 24 at 5:31PM

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

Investment Insights

Based on property information with market context.

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

Property 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

680
Businesses Nearby
149k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 33% Apparel 18%
Marshalls Apparel
23,227 visits/mo 0.3 miles
Wendy's Dining
21,391 visits/mo 0.3 miles
Taco Bell Dining
16,440 visits/mo 0.3 miles
Starbucks Dining
15,854 visits/mo 0.3 miles
Cumberland Farms Shops & Services
15,508 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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operational Spanish restaurant and grocery store for sale.
Where is this conventional 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 and delivery revenue streams.
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