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    FOR SALE
    Conventional restaurants

    118-124 South Union St Lawrence, MA 01843

    5,549 SF Built 1900
    Property ID
    US38-Q004364
    118-124 South Union St, Lawrence, MA 01843 For Sale 1 / 65
    $2,175,000 5,549 SF
    118-124 South Union St, Lawrence, MA 01843
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    AI-generated overview

    Turnkey Restaurant & Real Estate Opportunity in Lawrence, MA! Bell Tower CRE Group presents a rare chance to acquire the Mamajuana Restaurant & Lounge business, the real estate, or both together. Established in 2019, Mamajuana is known for its Latin Caribbean cuisine and strong local reputation. The property offers 5,549 SF of finished space on a 19,166 SF lot with parking for 40+ vehicles. Recent upgrades include structural improvements, new siding and roofing, and high-end interior finishes. Features include a fully equipped commercial kitchen, prep areas, two full bars, a performance stage, indoor capacity for up to 500 guests, and an outdoor patio for 240. Sale includes all business inventory and the liquor license (subject to City approval). This property is ideally situated on South Union Street in the heart of Lawrence, offering excellent visibility and easy access to local amenities. Just minutes from downtown, it’s close to shops, restaurants, public transportation, and major highways, making it convenient for both residents and businesses. The surrounding neighborhood features a mix of residential and commercial spaces, providing a vibrant and accessible setting.

    Property profile
    Verified
    Property type Conventional restaurants
    Year built 1900
    Total area 5,549 SF
    UPID US38-Q004364
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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