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Spa & Wellness Business with Equipment
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532 Broadway, Lawrence, MA 01841

Established beauty business with salon, medspa, and laser hair removal services, plus inventory and operating equipment.

Property Size1,500 SF
Price / SF$99.93
Days on Market734

Property Features for 532 Broadway

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail
Zoning Commercial

Additional Details

Business Included Yes

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: LAER Realty Partners
Listed By: Jessica Azzi · License #9578732
Source: Crexi
Added: Aug 27, 2024 Changed: Aug 30 Last Checked: Aug 30 at 5:16AM

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 LAER Realty Partners

Investment Insights

Based on property information with market context.

Spa and wellness business offering hair styling, medspa treatments, laser hair removal, and related beauty services. The operation occupies approximately 1,500 square feet and includes the inventory and equipment needed for continued operations, along with a professional website featuring online appointment booking.

The business has operated for more than 15 years and includes a customer database of 2,300 current customers. The salon name transfers to the new owner, while lease terms may be established with the landlord. An optional three-month training period is also available to support the ownership transition.

Key Highlights

  • Approximately 1,500 square feet of operating space
  • 2,300 current customers included in the database
  • More than 15 years of operating history

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Storage Facility Building Supply Parking Lot & Garage

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

1,152
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01841, MA

53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value

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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Similar Off Market Nearby

  • Precise Physical Therapy 225 Broadway Suite 201, Methuen, MA 01844
  • Giordano Holistic Wellness Center 225 Broadway #209, Methuen, MA 01844

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Established beauty business with salon, medspa, and laser hair removal services, plus inventory and operating equipment.
Where is this spa & wellness property located?
The property is located at 532 Broadway Lawrence, MA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Approximately 1,500 square feet of operating space; 2,300 current customers included in the database; More than 15 years of operating history
(508) 520-1600 Call to check price and availability
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