Brick-Walled Office
New
For Lease
$495/Mo
60 Island St 404, Lawrence, MA 01840
A compact workspace with hardwood floors and natural light sits within a multi-tenant commercial property.
Space Size176 SF
Property Size570 SF
Days on Market2
Property Features for 60 Island St 404
General Information
Standard status
Active
Size
176 SF
Net Rentable
176 SF
Property subtype
Commercial
Space & Availability
Available Space
176 SF
Contiguous Space
176 SF
Space Use
Office
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$117,880
Building Details
Building Size
570 SF
Year Built
1903
Tenancy
Multi
Listing Agency:
The Edge Group, Inc.
Listed By:
Gary Sidell
(978) 375-7363
Source:
Elliman
Added: Sep 26
Last Checked: Sep 26 at 3:23PM
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 The Edge Group, Inc.
Investment Insights
Based on property information with market context.
This 176-square-foot office suite is located in Bell Tower Square, a 125,000-square-foot former industrial mill building now arranged as a multi-tenant commercial property. Exposed brick, hardwood flooring, and natural light give the suite a distinctive interior character. The mill building dates to 1903.
The property at 60 Island Street provides access to I-495 and Route 110, with restaurants, businesses, and other area amenities nearby. Walk Score is 86, Bike Score is 50, and Transit Score is 53.
The property at 60 Island Street provides access to I-495 and Route 110, with restaurants, businesses, and other area amenities nearby. Walk Score is 86, Bike Score is 50, and Transit Score is 53.
Key Highlights
- 176‑square‑foot office suite in Bell Tower Square
- Suite features exposed brick, hardwood flooring, and natural light
- Located in a 125,000‑square‑foot former industrial mill building
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.06 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,850
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lawrence, MA
$20.94 /SF/Yr
Avg Asking Price
$15–$26.93 /SF/Yr
Price Range
8,560 SF
Avg Space Size
This space is priced 61% above the average of $20.94 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - A compact workspace with hardwood floors and natural light sits within a multi-tenant commercial property.
Where is this office units located?
The property is located at 60 Island St 404 Lawrence, MA.
What is the lease rate?
The lease rate is $495/Mo.
What are key features of this property?
This property features: 176‑square‑foot office suite in Bell Tower Square; Suite features exposed brick, hardwood flooring, and natural light; Located in a 125,000‑square‑foot former industrial mill building
