82 S Broadway, Lawrence, MA 01843
Well-maintained mixed-use property with three retail units and 38 SRO rooms plus recent major upgrades.
- Added:
- Jun 12, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 16 at 2:13 am
Property Features for 82 S Broadway
General Information
- Standard status
- Active
- Size
- 17,706 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agent Bradford Carlson
Listing office New England Realty Advisors LLC (781) 933-2500
Listing date Jun 12, 2026
Source Kiklisre
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HighLights
- 41‑unit mixed‑use building with 3 commercial units totaling 5,900 SF and 38 SRO units in 11,800 SF
- 1900 year built property with 24,502 gross SF and 17,706 SF of living area
- Recent upgrades completed in the past 3 years, including a new roof, new heating system, and state‑of‑the‑art security system
- 0.16‑acre lot with direct access to Boston via I‑93/I‑495 and MA Route 28
- Walkable to local retail, grocery, and parks; Lawrence Train Station with MBTA Haverhill Line service is 0.6 miles away
- Cap rate upon acquisition is 10%; seller will consider other property in trade to accommodate a 1031 exchange
Overview
The property is located on the south side of Lawrence, with direct access to Boston via Interstates 93 and 495, MA Route 28, and service to Boston via the Lawrence Train Station on the MBTA’s Haverhill Line, about 0.6 miles away. It is also walkable to local retail establishments, grocery stores, and parks.
For buyers and operators, the configuration offers both income-generating residential SRO housing and on-site commercial space within the same asset. The recent capital improvements may support lower near-term building maintenance needs, while the proximity to transit and everyday retail can be a practical fit for tenants seeking accessible living and convenient neighborhood services. The seller will consider other property in trade to help accommodate a 1031 exchange.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawrence
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.16299
- Latitude
- 42.696419