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    Property profile & analytics
    OFF-MARKET Estimated value $2,065,000
    Manufacturing properties

    15 Un St, Lawrence, MA 01840-1866

    488,877 SF 4.35 ac lot Built 1909
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US38-0724671
    Property summary
    AI-generated overview

    The Landing at Everett Mills, located at 15 Union St, Lawrence, MA 01840, offers 525,000 square feet of versatile commercial space. This seven-story, 1909 building boasts a range of options, from 1,205 square feet to 117,588 square feet, suitable for manufacturing, flex, distribution, warehouse, R&D, traditional, creative, and executive office uses. The property features 13-foot ceilings, original refinished wood floors, exposed brick, and oversized windows. Amenities include three freight and passenger elevators, 460 parking spaces, four loading docks with two dock-high doors, 220-440 amp 3-phase power, and 24/7 security. On-site building management offers build-to-suit options. The 6.5-acre lot is zoned industrial and enjoys a convenient location, less than five minutes from Interstate 495 and within three miles of Interstate 93 access. Public transportation is readily available via a nearby commuter rail station and an on-site MVRTA bus stop. The property is situated in a vibrant downtown area with numerous shops, restaurants, and services, creating a thriving mixed-use community. This unique property offers a blend of historic charm and modern functionality, providing an exceptional opportunity for businesses seeking flexible and well-appointed space in a prime Lawrence location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1909
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 488,877 SF
    Lot 4.35 ac (189,600 SF)
    APN LAWR M:0086 B:0000 L:0062
    UPID US38-0724671
    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
    Current use
    Occupant on record · Public records
    • Inventory Management Partners Electronics & Wireless Store
    • ACT Secured Recycling Recycling Center Waste Management Facility
    • Valentine & Kebartas Law Firm
    • Design Center at Canal Street Antique Mall Furniture & Home Goods Home Decor Store
    • GOLDENTEAK.COM Furniture & Home Goods Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.50M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.07M
    Owner & transaction history
    Stone Mill Redevelopment · 4 yrs held
    Stone Mill Redevelopment
    since 2021
    Last sale
    $1.8M
    6 recorded transactions
    2021
    $1.8M
    2021
    $7.1M
    2012
    2006
    $1
    2002
    1998
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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