Sold!
$1,102,500
6,107
Living Area
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Property Description
Situated in the heart of Lawrence, Massachusetts, this well-known plaza, established in 1920, offers 6,107 square feet of commercial space on an 8,480 square foot lot. Home to long-standing and successful businesses—including a restaurant, nail salon, multi-service center, grocery store, tint shop, and a fully renovated vacant unit ready for a new tenant—the property has earned a reputation as a prime location where businesses aspire to be. Its central location amidst a dense residential area ensures high visibility and foot traffic, resulting in strong demand from commercial tenants and a historically low vacancy rate. A full basement with high ceilings offers excellent potential for additional storage, business expansion, or added income opportunities. Investors will appreciate the consistent income generated by these established tenants, making this plaza a secure and valuable addition to any real estate portfolio.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1920
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Additional Details
- Roof: Rubber
- Zoning Description: Other (See Remarks)
- Zoning: B
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Fees / Taxes
- Tax Year: 2024
- Taxes: $13,511
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Weichert Realtors' Daher Companies.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
