Search
Six-Story Mixed-Use Development
For Lease
$12,500/Mo

499 Essex Street First Floor, Lawrence, MA 01840

Planned downtown project combining retail suites with residential living spaces.

Space SizeContact for details
Days on Market41

Property Features for 499 Essex Street First Floor

General Information

Standard status Active

Space & Availability

Space Use Retail
Available From 2027-Q1

Building Details

Year Built 1976
Stories 6
Tenancy Multi
Listing Agency: Empire Real EstateTM
Listed By: George Silva · License #9506309
Source: Lyvrealty
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 29 at 12:21PM

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 Empire Real EstateTM

Investment Insights

Based on property information with market context.

A six-story mixed-use development is planned at 499 Essex Street, with retail boutiques and residential living spaces incorporated into the project. Multiple retail spaces are available in various sizes, allowing prospective occupants to evaluate configurations suited to their requirements.

The property is positioned on Essex Street in downtown Lawrence, Massachusetts. The available space is identified as suitable for retail or medical use, providing flexibility for different commercial concepts within the planned development.

Key Highlights

  • Six‑story mixed‑use development at 499 Essex Street
  • Retail and residential components planned within the project
  • Various retail space sizes available

Property Analytics

Current Use

Retail space

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,931
Businesses Nearby

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

Lease Benchmarks for Lawrence, MA

$22.03 /SF/Yr
Avg Asking Price
$18.96–$24.15 /SF/Yr
Price Range
3,601 SF
Avg Space Size

This space is priced 10% above the average of $22.03 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned downtown project combining retail suites with residential living spaces.
Where is this mixed-use property located?
The property is located at 499 Essex Street First Floor Lawrence, MA.
What is the lease rate?
The lease rate is $12,500/Mo.
What are key features of this property?
This property features: Six‑story mixed‑use development at 499 Essex Street; Retail and residential components planned within the project; Various retail space sizes available
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message