For Sale
$1,499,900

264 Broadway Lawrence, MA 01843

High-traffic corner lot, huge potential.

Overview

Added:
Feb 3
Days on market:
73
This exceptional commercial property, located at 264 South Broadway in Lawrence, MA, presents a unique investment opportunity. Situated on a desirable 0.44-acre corner lot in the sought-after Route 28 area, this single-story brick building boasts 18,000 square feet of space. The property features three large overhead doors, offering remarkable flexibility for a variety of uses and configurations. Currently, the layout includes two spacious garages, office space, and a retail storefront. The high hourly traffic count ensures excellent visibility and accessibility. This location benefits significantly from recent revitalization efforts in the surrounding area. The redevelopment of the former Ford dealership a short distance away has spurred significant positive changes, including the construction of a new Cumberland Farms and Family Dollar complex, which includes a retail store, gas station, and market. This development has transformed the South side corridor, creating a dynamic and attractive retail environment. The property's substantial size and versatile design offer incredible upside potential for savvy investors seeking to capitalize on this thriving commercial district. The asking price is $1,499,900.

Property Details for 264 Broadway

Property type
Commercial real estate
Year Built
1965
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Lawrence
County
Essex
State
Massachusetts
Latitude
42.69231
Longitude
-71.16032
264 Broadway, Lawrence, Massachusetts

FAQs

What type of property is this?
Commercial real estate - High-traffic corner lot, huge potential.
Where is the commercial real estate located?
The property is located at 264 Broadway Lawrence, MA.
What is the asking price?
The asking price for this property is $1,499,900.
How can I contact the broker?
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264 Broadway
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