Two-Story Mixed-Use
New
For Lease
$3,800/Mo
601 South Union Street #3, Lawrence, MA 01843
Ground-floor retail is paired with a substantial office area upstairs, providing distinct spaces for commercial operations.
Space SizeContact for details
Property Size2,128 SF
Days on Market5
Property Features for 601 South Union Street #3
General Information
Standard status
Active
Size
2,128 SF
Zoning
.
Space & Availability
Floor
2
Space Use
Office
Building Details
Building Size
2,128 SF
Year Built
1900
Listing Agency:
Empire Real EstateTM
Listed By:
George Silva · License #9506309
(978) 965-3554
Source:
Insightrealtygroup
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 3:06AM
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 Empire Real EstateTM
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Investment Insights
Based on property information with market context.
This mixed-use rental space combines a retail area on the first floor with a large office component on the second floor. The two-level arrangement offers separate retail and office areas within a 2,128-square-foot property built in 1900.
The property is at 601 South Union Street, Unit 3, in Lawrence, Massachusetts. Street-level exposure and signage are available along the throughway.
The property is at 601 South Union Street, Unit 3, in Lawrence, Massachusetts. Street-level exposure and signage are available along the throughway.
Key Highlights
- 2,128 square feet of mixed‑use space
- First‑floor retail with a large second‑floor office component
- Built in 1900
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.21 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
149k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 33%
Apparel 18%
Marshalls
Apparel
23,227 visits/mo
0.3 miles
Wendy's
Dining
21,391 visits/mo
0.3 miles
Taco Bell
Dining
16,440 visits/mo
0.3 miles
Starbucks
Dining
15,854 visits/mo
0.3 miles
Cumberland Farms
Shops & Services
15,508 visits/mo
0.4 miles
Demographics for 01843, MA
28,346
Population
10,968
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
8,337
Density / Sq Mi
$72,163
Median Household Income
$38,957
Median Earnings
$1,703
Median Rent
$393,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lawrence, MA
$22.8 /SF/Yr
Avg Asking Price
$20.73–$24.15 /SF/Yr
Price Range
3,069 SF
Avg Space Size
This space is priced 6% below the average of $22.8 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail is paired with a substantial office area upstairs, providing distinct spaces for commercial operations.
Where is this mixed-use property located?
The property is located at 601 South Union Street #3 Lawrence, MA.
What is the lease rate?
The lease rate is $3,800/Mo.
What are key features of this property?
This property features: 2,128 square feet of mixed‑use space; First‑floor retail with a large second‑floor office component; Built in 1900
