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350 Essex Street - Central City Shopping Plaza, Lawrence, MA

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350 Essex Street - Central City Shopping Plaza

Lawrence, MA 01840-1426 - Lawrence/Andover Submarket

Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1946
Building Size:53,000 SF Land Area:1.03 AC (44,849 SF)
For Sale Price:$2,875,000 Price/SF:$54.25
Cap Rate:-
Parking:52 Surface spaces @ $1.00/mo; Ratio of 1.74/1,000 SF

Property Location:

Close Proximity to Campagone Common

Main Cross Streets: Amesbury St & Lawrence

Sale Notes:
This Space has Lots of Potential. First Floor 15 K s.f. Could be Restaurant, Retail Dept. Store. Additional 1000 -3000 s.f. Retail Mix on each side. The upper floor 1,200 - 4,000 s.f. Retail or Professional Offices on each side. The basement has 3,000 - 22,000 s.f. Professional Offices. The building will be delivered vacant. Parking for approx. 118-120 cars with income.

The Seller Spend Approximately One Million Dollars On Renovation five years ago.

Great Building in the Middle of Very Active Area Just Waiting to be Leased. Numerous National, Regional, and local merchants are nearby. It also benefits from strong population density.

CRG Commercial
George Haddad
(617) 393-4200 x721

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