230-234 Hampshire St , Lawrence, MA 01841
Lawrence, MA 01841
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 businessesincluding a restaurant, nail salon, multi-service center, grocery store, tint shop, and a fully renovated vacant unit ready for a new tenantthe 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.
Details
| MLS# | 73349431 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 31 |
| Listing Provided By | Realty ONE Group Nest | Jose Frias |
Features
| SQ Feet | 6,107 |
|---|---|
| Zoning | B |
| Acreage | 0.19 |
Market Activity 01841
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Lawrence |
| Zip Code | 01841 |
| Area | Essex |
| Listing VS Median (In 01841) | |
Price: $1,100,000 low | high Med: $544,900 SqFt: 6,107 low | high Med: 1,661 $ / SqFt: $180 low | high Med: $329 On site: 31 low | high Med: 25.500000 | |