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226 Broadway, Lawrence, MA

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226 Broadway

Lawrence, MA 01840-1052 - Lawrence/Andover Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1972
Building Size:4,146 SF Land Area:.07 AC (3,001 SF)
For Sale Price:$425,000 Price/SF:$102.51
Cap Rate:11.00 %

Sale Notes:
This cash flow property, with two tenants under lease, is a great investment opportunity. Located in Lawrence, MA, this retail location is located on city's busy Broadway business district. There are two (2) units in this retail building. The building was recently renovated with a new rubber roof, new windows, new heating and electric, and complete rehab on one side of the building. The building was fire protected to bring up to code, to separate the rear kitchen of the bakery tenant.
Busy street in downtown Lawrence, MA

Magnolia Advisory Corp
Sean Galligan
(617) 448-6130

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