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Corner Convenience Store Business
For Sale
$118,000

53 South Broadway, Lawrence, MA 01843

Operating retail business includes equipment, walk-in coolers, and transferable licenses.

Property SizeContact for details
Days on Market73

Property Features for 53 South Broadway

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Corner Location Yes

Building Details

Year Built 1988
Listing Agency: Keller Williams Realty Evolution
Listed By: Albania Perez
Source: Corcoran
Added: Jul 17 Changed: Sep 26 Last Checked: Sep 26 at 8:26AM

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 Keller Williams Realty Evolution

Investment Insights

Based on property information with market context.

This convenience store business at 53 South Broadway in Lawrence includes the operating business assets, goodwill, equipment, walk-in coolers, and transferable licenses. The building dates to 1988 and occupies a corner position along a heavily traveled thoroughfare, with both pedestrian and vehicle activity supporting daily operations.

Current sales categories include Massachusetts State Lottery products, tobacco, and beverages. The property information also identifies additional merchandising and food-service possibilities, including specialty grocery items, fresh coffee, prepared foods, or a deli counter. The combination of an established retail operation, existing equipment, and multiple product categories provides a defined platform for continued convenience-store use.

Key Highlights

  • Established convenience store business at 53 South Broadway, Lawrence, MA 01843
  • Corner‑lot position on a heavily traveled thoroughfare
  • Building constructed in 1988

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Acupuncture Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Restaurant

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,513
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01843, MA

28,346
Population
10,968
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
8,337
Density / Sq Mi
$72,163
Median Household Income
$38,957
Median Earnings
$1,703
Median Rent
$393,700
Median Home Value
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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Similar Off Market Nearby

  • Acougue Boi Gordo Meat Market — 34 Brookfield St, Lawrence, MA 01843
  • Brother's Market — 272 S Broadway, Lawrence, MA 01843
  • V&V Market & Restaurant — 273A S Union St, Lawrence, MA 01843
  • Amables Supermarket — 241 S Union St, Lawrence, MA 01843
  • Market Basket — 700 Essex St, Lawrence, MA 01840

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating retail business includes equipment, walk-in coolers, and transferable licenses.
Where is this grocery and convenience store located?
The property is located at 53 South Broadway Lawrence, MA.
What is the asking price?
The asking price for this property is $118,000.
What are key features of this property?
This property features: Established convenience store business at 53 South Broadway, Lawrence, MA 01843; Corner‑lot position on a heavily traveled thoroughfare; Building constructed in 1988
More about this property
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