$710,000
2,634
Living Area
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Property Description
Investment Opportunity – 643 Broadway, Lawrence, MA. Fully occupied four-unit commercial building located at the highly visible corner of Broadway and Whitman in Lawrence. This 2,634 sq ft property offers a strong income-producing opportunity with a proven rental history and long-term tenants already in place.The building is fully leased with stable occupants and minimal historical vacancy, making it a reliable addition to any investor’s portfolio. Tenants are responsible for all utilities except water, helping maintain low operating expenses for ownership.Situated on a prominent corner lot along Broadway, the property benefits from significant daily vehicle and foot traffic, offering excellent exposure for businesses. The building also features a large basement that provides additional storage capacity for tenants or potential operational use.With its premier commercial location, consistent income stream, and established tenancy, 643 Broadway represents a turnkey investment opp.
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Highlights
- Area: North Lawrence
- Unit Number: 647
- Status: Closed
- Property Class: Commercial Sale
- Year Built: 1900
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Additional Details
- Roof: Shingle
- Zoning Description: Other (See Remarks)
- Zoning: B2
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Fees / Taxes
- Tax Year: 2025
- Taxes: $7,684
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