Street-Level Retail
62 Milton Street #1, Lawrence, MA 01841
For Lease
New
$2,200/Mo
Pending
A modified gross lease and B1 zoning support a range of potential commercial uses.
Space SizeContact for details
Property Size1,300 SF
Days on Market3
Property Features for 62 Milton Street #1
General Information
Standard status
Size
Zoning
Lease Type
Additional Details
Floor
Taxes and HOA fees
Annual Taxes
Amenities
free unmetered street parking
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Realty Evolution
(781) 395-5600
Listed By:
Albania Perez
(978) 908-0099
Source:
Isosrealty
Added: Nov 11
Last Checked: Nov 12 at 3:14AM
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 Keller Williams Realty Evolution
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,300-square-foot commercial storefront occupies the first floor of a building constructed in 1920. Its B1 zoning is legally conforming, and the space is offered under a modified gross lease. Potential uses identified for the suite include personal-care services, retail, and professional or tax-preparation offices.
The property is at 62 Milton Street in Lawrence, Massachusetts. Free, unmetered street parking is available directly outside the premises.
The property is at 62 Milton Street in Lawrence, Massachusetts. Free, unmetered street parking is available directly outside the premises.
Key Highlights
- 1,300‑square‑foot first‑floor storefront
- B1 zoning; legal conforming
- Modified gross lease
Property Analytics
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
8,496 visits/mo
0.4 miles
Demographics for 01841, MA
53,654
Population
17,546
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
3.0 sq mi
ZIP Area
17,885
Density / Sq Mi
$54,525
Median Household Income
$34,741
Median Earnings
$1,565
Median Rent
$393,800
Median Home Value
Market
Lease Benchmarks for Lawrence, MA
$29.09 /SF/Yr
Avg Asking Price
$20.31–$40.5 /SF/Yr
Price Range
1,429 SF
Avg Space Size
This space is priced 30% below the average of $29.09 /SF/Yr.
Average Price Trend$/SF/Yr for Storefront properties in Essex County, MA
Properties on Market for Storefront properties in Essex County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Mendez Flowers — 152 Broadway, Lawrence, MA 01840
- Decor Flowers — 579 Common St, Lawrence, MA 01840
- Diana's Flower & Gift Shop — 313 Broadway, Lawrence, MA 01841
Frequently Asked Questions
What type of property is this?
Storefront property - A modified gross lease and B1 zoning support a range of potential commercial uses.
Where is this storefront property located?
The property is located at 62 Milton Street #1 Lawrence, MA.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 1,300‑square‑foot first‑floor storefront; B1 zoning; legal conforming; Modified gross lease
