350 Essex St Lawrence, MA 01840
- Office buildings
- 12,506 SF
- 0.16 lot acres
Current Use by Public Records
- Eyebrows Esthetic and Spa / Spa & Massage Center
- Wow Bargain / Hair Salon
- Diamond Beauty Center & barbershop / Hair Salon / Nail Salon
- Carol Jewelry / (Bike/Boat/Book/etc) Store
- wilfi taylor chop sastrería alteraciones .llc / (Bike/Boat/Book/etc) Store
Property Details for 350 Essex St
- Year built
- 1946
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 12,506 SF
- Property type
- Office buildings
- APN
- LAWR M:0126 B:0000 L:0043
- APU
- LAWRM0126B0000L0043
Description
This exceptional turnkey beauty salon, located at 350 Essex Street in the heart of Lawrence, Massachusetts, presents a unique investment opportunity. The 2,000 square foot space boasts a luxurious and modern design, perfectly suited for immediate operation. The salon features eight styling stations, providing ample space for stylists and clients. Five dedicated nail care stations cater to the growing demand for manicures and pedicures. Two private treatment rooms offer the privacy needed for specialized services such as facials or waxing. A welcoming reception area ensures a positive client experience from the moment they enter. The property sits on a 0.16-acre lot, offering convenient access and high visibility from Essex Street, a key thoroughfare in downtown Lawrence. All equipment is included, making this a truly turnkey operation, ready for a new owner to step in and begin generating revenue. This is an ideal opportunity for an experienced salon owner or a savvy entrepreneur looking to enter the thriving beauty industry in a prime downtown location. The asking price is $99,900, representing a significant value for a fully equipped and established business. This is a rare chance to acquire a profitable and well-established salon in a vibrant and growing city. Don't miss this chance to own a piece of Lawrence's thriving business community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,291,000
Market price range: $1.95M - $5.04M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,215,000 Current use
- AUTO REPAIR, GARAGE
- $2,995,000 Change: -7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lawrence
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1622
- Latitude
- 42.7071
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA