Six-Story Mixed-Use
For Lease
$9,900/Mo
499 Essex Street Lower Level, Lawrence, MA 01840
Lower-level commercial space is suited to retail or medical use within a six-story development.
Space SizeContact for details
Days on Market42
Property Features for 499 Essex Street Lower Level
General Information
Standard status
Active
Additional Details
Space Use
Retail
Building Details
Year Built
1976
Stories
6
Tenancy
Multi
Listing Agency:
Empire Real EstateTM
(978) 965-3554
Listed By:
George Silva · License #9506309
Source:
Gooddeedsrealtypartners
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 29 at 5:44PM
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.
Located at 499 Essex Street in Lawrence, the proposed mixed-use development will include six stories combining retail boutiques with residential living spaces. The available commercial component is positioned on the lower level, with space configurations offered in various sizes.
The property is situated along Essex Street in downtown Lawrence, within a growing New England urban corridor. The space is identified as suitable for retail or medical occupancy, allowing prospective users to plan around their operational requirements and preferred layout.
The property is situated along Essex Street in downtown Lawrence, within a growing New England urban corridor. The space is identified as suitable for retail or medical occupancy, allowing prospective users to plan around their operational requirements and preferred layout.
Key Highlights
- Six‑story mixed‑use development at 499 Essex Street
- Lower‑level commercial space available in various sizes
- Planned combination of retail boutiques and residential living spaces
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.84 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,931
Businesses Nearby
Explore this area
Business Placement
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 14% below the average of $22.03 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Lower-level commercial space is suited to retail or medical use within a six-story development.
Where is this mixed-use property located?
The property is located at 499 Essex Street Lower Level Lawrence, MA.
What is the lease rate?
The lease rate is $9,900/Mo.
What are key features of this property?
This property features: Six‑story mixed‑use development at 499 Essex Street; Lower‑level commercial space available in various sizes; Planned combination of retail boutiques and residential living spaces
