Property summary
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!
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lawrence market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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