Building Details

Year Built 1987

Listing Agency: Lamacchia Realty, Inc Show Phone

Listed By: Trevor T. Gearin Show Phone

Source: Ma-cthomes

Added: Oct 16 Last Checked: Oct 16 at 1:58PM

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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 Lamacchia Realty, Inc

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Investment Insights

Based on property information with market context.

This mixed-use property combines a six-unit retail strip with an active automotive repair facility. The building dates to 1987, and the retail units are fully occupied. An associated Class 2 used car dealer license permits sales of up to 10 vehicles.

The property is at 265 Merrimack St in Lawrence, Massachusetts, directly off I-495 and near the MBTA Commuter Rail Station.

Key Highlights

• Six‑unit retail strip with all units occupied
• On‑site automotive repair facility
• Class 2 used car dealer license covering up to 10 vehicles

Property Analytics

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Current Use

Wholesale Dumpster Rental ... Waste Management Facility HairCuts, Etc. Hair Salon E Market Grocery & Convenience Store Doggone Purrfect Pet Grooming Service E Market ( Beer ... Specialty Food Shop

Suggested Use

Top Pick Garden Center HVAC Service Carpet & Flooring Store Pet Store (Bike/Boat/Book/etc) 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.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

2,280

Businesses Nearby

Explore this area Business Placement

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?

Mixed-use property - Six retail units and an operating automotive repair business share one commercial property.

Where is this mixed-use property located?

The property is located at 265 Merrimack St Lawrence, MA.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Six‑unit retail strip with all units occupied; On‑site automotive repair facility; Class 2 used car dealer license covering up to 10 vehicles