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Top-Floor Medical Suite with River Views

25 Marston St #402 Lawrence, MA 01841

25 Marston St #402, Lawrence, MA, 01841

$689,000

For Sale

$689,000

Turnkey medical suite near Lawrence General Hospital and I-495.

Property Size2,725 SF

Price / SF$252.84

AddedMar 31

Days on Market107

Last RefreshJul 14 at 11:00 pm

Property Features for 25 Marston St #402

General Information

Standard status: Active
Size: 2,725 SF
Property subtype: Commercial

Building Details

Year Built: 2011

Listing office Compass

Listing date Mar 31, 2026

Source Corcoran

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 Compass

Investment Insights

Based on property information with market context.

This top-floor suite at Marston Medical Center offers views of the Merrimack River and the historic mill district. The property features 13-foot ceilings, exposed brick, and oversized windows. The layout includes a reception area, multiple exam rooms and offices, a full kitchen, and three bathrooms. The property also features hardwood and retro checkered flooring. Ample garage parking is available. The property is located near Lawrence General Hospital and I-495. The property size is 2725 square feet. This property is suitable for medical office space and other commercial real estate purposes.

Key Highlights

Top‑floor suite in Marston Medical Center with sweeping views.
Turnkey property ideally located steps from Lawrence General Hospital and seconds from I‑495.
Pristine space with soaring 13‑foot ceilings, exposed brick, and oversized windows.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$91.6k	$33.60
− Vacancy	−$7.8k	−$2.86
EGI	$83.8k	$30.74
− OpEx	−$33.5k	−$12.30
NOI	$50.3k	$18.45

2,725 SF · lease $33.60/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use

Office B

$1.09M

$949.4K – $1.27M (±1% cap)

NOI $75,954 @ 7.0% cap · market cap 11.02%

Second Best

Healthcare Medical

$718.1K

$628.3K – $837.8K (±1% cap)

NOI $50,266 @ 7.0% cap · market cap 7.30%

Theoretical Best

Office A

$1.61M

$1.41M – $1.88M (±1% cap)

NOI $112,923 @ 7.0% cap · market cap 16.39%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

New England Eye ... Ophthalmologist Sofia Chiropractic: Dr. ... Alternative Medicine Practice New England Eye ... Spa & Massage Center Audra Williams, MD Pediatrician Community Medical Associates Medical Clinic

Suggested Use

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For sale
Medical Office Space
MA
Lawrence
01841
25 Marston St #402

What type of property is this?

Medical Office Space - Turnkey medical suite near Lawrence General Hospital and I-495.

Where is this medical office space located?

The property is located at 25 Marston St #402 Lawrence, MA.

What is the asking price?

The asking price for this property is $689,000.

What are key features of this property?

This property features: Top‑floor suite in Marston Medical Center with sweeping views.; Turnkey property ideally located steps from Lawrence General Hospital and seconds from I‑495.; Pristine space with soaring 13‑foot ceilings, exposed brick, and oversized windows.