Boston, MA, US(change)
Search
Commercial Real Estate For Sale
511-537A Broadway
Lawrence, Massachusetts 01841
Located on the highly sought after and heavily traveled Route 28 Interstate Highway.Tri level brick structure improved by 7 retail storefronts with long standing tenants in place.Two buildings.Updated sprinkler system and fire prevention system. Storefronts having their own separately metered utilities, including self contained heating and cooling systems in place. New electrical service in place.Five new rubber roofs installed recently. Two additional floors consisting of unfinished space on the right side of building and one semi finished floor on the left upper floor.The unfinished additional two floors lends itself to unlimited configurations ie: Office, space, Apartment conversion etc. Present rent roll is below market having room for larger bottom line.Located on bus line.The asset is positioned across from the newly developed Malden Mils Loft community Loft Five50 consisting of first phase development with an additional projected 200 plus units with second phase near development
$1,699,900.00
MLS#:72143570
Listing Office:EMPIREā„¢
Listing Agent:Cheyenne Vazquez
Office Phone:(978) 662-1981
Address: 511-537A Broadway
City:Lawrence
State:Massachusetts
ZIP Code:01841
Property Type:Commercial/Industrial
Lot Size:8242.00
Property Size:18275.00
Year Built:1920
Parking Feature:No parking
Ad Location