120 Amesbury St Lawrence, MA 01840-1306
This exceptional mixed-use property in Lawrence, MA, presents a compelling investment opportunity. Located at 120 Amesbury Street, this 1,997 square foot building sits on a nearly one-acre lot (0.89 acres) and is zoned MDL. The property currently generates immediate cash flow with an existing tenant under lease for approximately three more years. The building offers a blend of office and retail space, ideal for owner-occupiers or investors seeking strong rental income. With 20 parking spaces available, the property is well-suited to accommodate both employees and customers. Its strategic location adjacent to a newly constructed police station provides high visibility, enhanced security, and increased foot traffic. This prime location offers easy access to major city amenities and infrastructure, making it an attractive proposition for a variety of uses. The ongoing revitalization of the area suggests significant potential for future appreciation and long-term value. This property represents a rare chance to acquire a versatile asset in a thriving urban setting. The property's central location in Essex County, MA, zip code 01840, ensures convenient access to local services and transportation networks. This is an excellent opportunity for investors seeking a stable income stream with significant upside potential.
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Safelite AutoGlass Auto Repair Shop (Bike/Boat/Book/etc) Store
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.