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Renovated Flex Building For Sale

Lawrence, MA 01841, Lawrence, MA 01841

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For Sale

$975,000

4,500 SF flex building renovated in 2019 on half acre.

Type:Industrial

Property size:

4,500 SF

Lot size:

0.50 Acres

Price / SF:

$216/SF

HighLights

Newly renovated in 2019, including roof, HVAC, plumbing, electrical, and siding.
4,500 SF flex building on half acre.
Excellent location: just 2 miles from I‑95 and I‑93, and 2.5 miles from I‑495.
Ample parking space.
Features 2 grade level doors.
Environmental study available.

We can help!

Contact an agent

Danny Cruz

Learn more

For Sale

$975,000

4,500 SF flex building renovated in 2019 on half acre.

Type:Industrial

Property size:

4,500 SF

Lot size:

0.50 Acres

Price / SF:

$216/SF

Added:: Jan 26, 2026
Days on Market:: 161
Last Refresh:: Apr 5 at 8:40 pm

Property Features

General Information

Standard status: Active
Size: 4,500 SF
Lot size: 0.50 Acres
Property subtype: Industrial

We can help!

Contact an agent

Danny Cruz

Listing office The Stubblebine Company - CORFAC International

Listing date Jan 26, 2026

Source Corfac

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 The Stubblebine Company - CORFAC International

HighLights

Newly renovated in 2019, including roof, HVAC, plumbing, electrical, and siding.
4,500 SF flex building on half acre.
Excellent location: just 2 miles from I‑95 and I‑93, and 2.5 miles from I‑495.
Ample parking space.
Features 2 grade level doors.
Environmental study available.

Overview

This 4,500 square foot flex building is available for sale. Situated on a half-acre lot, the property offers ample parking space and includes two grade-level doors. The building was newly renovated in 2019, with updates to the roof, HVAC, plumbing, electrical systems, and siding. It is located approximately 2 miles from I-95 and I-93, and 2.5 miles from I-495. An environmental study is available for review.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$129.6k	$28.80
− Vacancy	−$8.8k	−$1.96
EGI	$120.8k	$26.84
− OpEx	−$42.3k	−$9.39
NOI	$78.5k	$17.45

4,500 SF · lease $28.80/SF/yr · vacancy 6.80% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$1.12M

$981.4K – $1.31M (±1% cap)

NOI $78,512 @ 7.0% cap · market cap 8.05%

Second Best

Industrial

$683.8K

$598.3K – $797.8K (±1% cap)

NOI $47,866 @ 7.0% cap · market cap 4.91%

Theoretical Best

Office A

$2.66M

$2.33M – $3.11M (±1% cap)

NOI $186,479 @ 7.0% cap · market cap 19.13%

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

Location Intelligence

Current Use by Public Records

Flex space

Similar Places Nearby

Melaryn's Catering — 1 1/2 Caulkins Ct, Lawrence, MA 01841
Heav'nly Catering — 262 Essex St, Lawrence, MA 01840
Fine Spice Artisan Catering — 420 Common St, Lawrence, MA 01841

Map

City: Lawrence
County: Essex
State: Massachusetts
Longitude: -71.1756
Latitude: 42.6956

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What type of property is this?

Flex space - 4,500 SF flex building renovated in 2019 on half acre.

Where is this flex space located?

The property is located at Lawrence, MA.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Newly renovated in 2019, including roof, HVAC, plumbing, electrical, and siding.; 4,500 SF flex building on half acre.; Excellent location: just 2 miles from I‑95 and I‑93, and 2.5 miles from I‑495.