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    601 South Union St, Unit 2 Lawrence, MA 01843

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    For Lease
    $7,200 /Mo ($18 SF/Yr)

    Retail space with high visibility and easy highway access.

    Property size:
    4,708 SF
    Lot size:
    4,708 SF

    Property Features for 601 South Union St

    General Information

    Standard status
    Active
    Size
    4,708 SF

    Building Details

    Year built
    1955

    Source: Empire Real Estate™ Agent George Silva

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Interstate 495

    This retail space, totaling 4708 square feet, is located on a major throughway with convenient access to Interstate 495. The location offers ease and convenience for customers. The clear span layout lends itself to a variety of uses. The space features two streetside entrances/exits to facilitate customer flow. There is ample room for signage to attract the high volume of traffic. An additional square footage in the back area can further extend the frontage or be used for stock or merchandise preparation. Parking is available in front of the space, with additional overflow parking to the right of the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D6 Industries, Inc. Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1533273
    Latitude
    42.6863812

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and easy highway access.
    Where is this retail space located?
    The property is located at 601 South Union St, Unit 2 Lawrence, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Highly accessible location on a major throughway and near Interstate 495.; - High traffic count and ample signage opportunities for maximum visibility.; - Flexible, clear-span space suitable for various business concepts.
    Request Owner's contact information
    601 South Union St, Unit 2 Lawrence, MA 01843
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    Lawrence, MA 01843
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 South Union St, Unit 2 Lawrence, MA 01843
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