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    601 South Union St, Unit 3 Lawrence, MA 01843

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    For Lease
    $3,800 /Mo ($21 SF/Yr)

    Retail and office space with street exposure for rent.

    Property size:
    2,128 SF
    Lot size:
    2,128 SF

    Property Features for 601 South Union St

    General Information

    Standard status
    Active
    Size
    2,128 SF

    Building Details

    Year built
    1900

    Source: Empire Real Estate™ Agent George Silva

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

    Overview

    Retail and Office Space Available

    This property features a layout suitable for a variety of business models, comprising first-floor retail space and a large office component on the second floor. It offers street-level exposure and signage opportunities. The property size is 2128 square feet. It is located on a heavily traveled throughway.
    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 and office space with street exposure for rent.
    Where is this retail space located?
    The property is located at 601 South Union St, Unit 3 Lawrence, MA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Heavily traveled location with HIGH STREET-LEVEL EXPOSURE.; - Suitable for a variety of business models due to the unique layout.; - Combination of first-floor retail space and a large second-floor office component.
    Request Owner's contact information
    601 South Union St, Unit 3 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 3 Lawrence, MA 01843
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