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Renovated Storefront with Offices
For Sale
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491 Essex St, Lawrence, MA 01840

Updated commercial unit with eight offices, an open plan, and a private restroom in Downtown Lawrence.

Property SizeContact for details
Days on Market10

Property Features for 491 Essex St

General Information

Standard status Active
Property subtype Commercial
Zoning B3
Lease Type NNN

Taxes and HOA fees

Annual Taxes $18,654

Amenities

private restroom

Building Details

Year Built 1971
Listing Agency: Ellis Realty Advisors
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 18 Changed: Sep 26 Last Checked: Sep 26 at 4:26AM

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 Ellis Realty Advisors

Investment Insights

Based on property information with market context.

Located at 491 Essex St in Downtown Lawrence, this storefront unit offers a renovated commercial interior suited to retail, office, and other supported uses. The layout includes eight offices alongside an open-concept area, with a private restroom serving the space. The property was built in 1971 and carries B3 zoning.

The unit is positioned in a downtown setting with storefront exposure and pedestrian activity noted in the property information. Occupancy terms include a triple net lease structure, with the tenant responsible for utilities.

Key Highlights

  • Renovated storefront unit at 491 Essex St, Lawrence, MA 01840
  • Eight offices plus an open‑concept interior
  • Private restroom included

Property Analytics

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Open Analytics

Current Use

M S Exclusive Barber Shop Attractivas Boutique Clothing & Fashion Store Luigi Rerigeration & Appliances Home Appliance Store MS Exclusive MultiServices Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Storage Facility Veterinary Clinic Electrical 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

2,545
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01840, MA

7,121
Population
3,415
Households
2.1
Avg Household Size
36
Median Age
13%
College-Educated
69%
High-School Grad
0.5 sq mi
ZIP Area
14,242
Density / Sq Mi
$34,630
Median Household Income
$31,930
Median Earnings
$1,174
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Storefront property - Updated commercial unit with eight offices, an open plan, and a private restroom in Downtown Lawrence.
Where is this storefront property located?
The property is located at 491 Essex St Lawrence, MA.
What are key features of this property?
This property features: Renovated storefront unit at 491 Essex St, Lawrence, MA 01840; Eight offices plus an open‑concept interior; Private restroom included
More about this property
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