407 Essex Street Aly Lawrence, MA 01840
Highly visible and established downtown building, waiting for it's next ambitious entrepreneur. 3,654 sq. ft. of store front , plus the same amount of space in a high ceiling finished basement. A brick construction building positioned, virtually adjacent to Northern Essex Community College Health and Technology Center, just a few blocks from route 28 and very close to 495 and 93 with a high traffic count. Own your flexible retail/office space in the heart of downtown with entrances to one of the most attractive Urban Renewal Downtown Project's, "The Alley Way". The street level location, large windows offer great natural light & great sidewalk visibility. The potential usage of this location, includes Retail, office, bookstore, Art supply among other entrepreneurial creativity. Don't miss the opportunity to be part of the URBAN RENEWAL OF LAWRENCE!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.