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Turnkey Restaurant Opportunity
For Sale
$1,000,000

226 Essex St, Lawrence, MA 01843

Fully operational restaurant sale includes the business and FF&E, with lease transfer subject to landlord approval.

Property SizeContact for details
Days on Market50

Property Features for 226 Essex St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 2024
Listing Agency: Cameron Prestige, LLC
Listed By: Leo Nikolouzos · License #449598580
Source: Classifiedrealtygroup
Added: Jul 19 Changed: Sep 4 Last Checked: Sep 5 at 4:45AM

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 Cameron Prestige, LLC

Investment Insights

Based on property information with market context.

This for-sale opportunity offers a fully operational, upscale turnkey restaurant. The sale includes the established business along with furniture, fixtures, and equipment (FF&E), as well as branding and other business assets.

The property is located at 226 Essex St in Lawrence, MA, and any transfer of the lease is subject to landlord approval. Showings are by appointment only.

The seller will consider multiple acquisition structures, including cash purchase, seller financing for qualified buyers under mutually agreeable terms, or acquisition by an experienced restaurant operator or restaurant group. Financial information is available to qualified buyers.

Key Highlights

  • Fully operational restaurant for sale including the established business and FF&E (furniture, fixtures, and equipment)
  • Sale includes branding and other business assets
  • Lease transfer is subject to landlord approval

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Acupuncture Garden Center Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,006
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operational restaurant sale includes the business and FF&E, with lease transfer subject to landlord approval.
Where is this conventional restaurant located?
The property is located at 226 Essex St Lawrence, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully operational restaurant for sale including the established business and FF&E (furniture, fixtures, and equipment); Sale includes branding and other business assets; Lease transfer is subject to landlord approval
More about this property
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