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Restaurant/Retail Space on High-Traffic Road
For Lease
$4,000/Mo

311 Merrimack St, Lawrence, MA 01841

Restaurant or retail space in high-traffic location near Route 495.

Days on Market100

Property Features for 311 Merrimack St

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: Coldwell Banker Realty - Haverhill
Listed By: The Fisichelli Team
Source: Liongatere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 30 at 2:55AM

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 Coldwell Banker Realty - Haverhill

Investment Insights

Based on property information with market context.

This property, formerly a sub and pizza restaurant, offers a retail space in a high-traffic location near Route 495 and various businesses. The location is suitable for a restaurant or a multitude of other businesses. The tenant is responsible for the fit-up and maintenance of equipment.

Key Highlights

  • Great retail space in a high‑traffic location near Route 495.
  • Located near many businesses.
  • Suitable for a restaurant or a multitude of other businesses.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Garden Center HVAC Service Pet Store Carpet & Flooring 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,280
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01841, MA

53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value

Market

Properties on Market for Restaurants in Essex County

Jan
Feb
Mar
Apr
May
Jun

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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Similar Off Market Nearby

  • Heav'nly Catering — 262 Essex St, Lawrence, MA 01840

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant or retail space in high-traffic location near Route 495.
Where is this restaurant located?
The property is located at 311 Merrimack St Lawrence, MA.
What is the lease rate?
The lease rate is $4,000 /Mo.
What are key features of this property?
This property features: Great retail space in a high‑traffic location near Route 495.; Located near many businesses.; Suitable for a restaurant or a multitude of other businesses.
More about this property
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