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Downtown Lawrence Commercial Unit
For Lease
$3,500/Mo NNN

491 Essex Street, Lawrence, MA 01840

Commercial unit for rent in Downtown Lawrence.

Space SizeContact for details
Days on Market198

Property Features for 491 Essex Street

General Information

Standard status Active
Lease Term []

Building Details

Year Built 1971
Listing Agency: Garcia Realty,LLC
Listed By: Pedro Garcia
Source: Littlefieldre
Added: Feb 15 Changed: Aug 31 Last Checked: Aug 31 at 7:27PM

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 Garcia Realty,LLC

Investment Insights

Based on property information with market context.

This commercial unit for rent is located in Downtown Lawrence, situated on the city's most heavily traveled street, offering high visibility and foot traffic. The renovated unit is suitable for retail, office setups, or various other uses. It features eight offices, an open concept area, and a private restroom. The lease is a Triple Net Lease, with the tenant responsible for utilities.

Key Highlights

  • Prime Downtown Lawrence location with high visibility and foot traffic
  • Suitable for retail, office, or various other business types
  • Renovated condition

Property Analytics

Current Use

Storefront properties

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,931
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial unit for rent in Downtown Lawrence.
Where is this storefront property located?
The property is located at 491 Essex Street Lawrence, MA.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Prime Downtown Lawrence location with high visibility and foot traffic; Suitable for retail, office, or various other business types; Renovated condition
More about this property
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