Brick-and-Hardwood Office
New
For Lease
$495/Mo
60 Island Street # 404, Lawrence, MA 01840
Positioned within a multi-tenant commercial property near I-495, Route 110, restaurants, and local businesses.
Space Size176 SF
Property Size570 SF
Days on Market4
Property Features for 60 Island Street # 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:
Donnellyandco
Added: Sep 24
Changed: Sep 27
Last Checked: Sep 26 at 2:52PM
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 features exposed brick, hardwood floors, and natural light. It occupies a 125,000-square-foot former industrial mill building constructed in 1903, now configured as a multi-tenant commercial property.
The suite is at 60 Island Street #404 in Lawrence, with access to I-495 and Route 110. Restaurants, businesses, and other area amenities are nearby.
The suite is at 60 Island Street #404 in Lawrence, with access to I-495 and Route 110. Restaurants, businesses, and other area amenities are nearby.
Key Highlights
- 176 SF office suite at 60 Island Street #404
- Exposed brick and hardwood flooring
- Natural light in the workspace
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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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 - Positioned within a multi-tenant commercial property near I-495, Route 110, restaurants, and local businesses.
Where is this office units located?
The property is located at 60 Island Street # 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 SF office suite at 60 Island Street #404; Exposed brick and hardwood flooring; Natural light in the workspace
