118-124 S Union St - Restaurant FOR SALE


Lawrence, MA 01843- South Lawrence
$2,175,000 USD
978-375-7363
118-124 S Union St, Lawrence, MA for Sale
$2,175,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

118-124 S Union St
Lawrence, MA 01843
South Lawrence


OVERVIEW

Turnkey Restaurant & Real Estate Opportunity in Lawrence, MA! Bell Tower Commercial Real Estate Group is proud to present this rare opportunity to acquire a fully established restaurant business, including inventory and real estate. Mamajuana Restaurant & Lounge has been offering Latin Caribbean cuisine since 2019 with a strong reputation for exceptional service in a prime location. The real estate consists of 5,549 SF of finished space on a 19,166 SF lot with ample parking for 40+ vehicles. The current owners designed and completed a full transformation of the property in recent years, including structural improvements, new siding and roofing, and high-quality interior finishes. Inside, the restaurant offers a fully equipped commercial kitchen, generous prep areas, two fully stocked bars, a performance stage, and a capacity for up to 500 patrons indoors, plus 240 guests on the outdoor patio. This sale includes the real estate and all business inventory, including liquor license subject to City approval. Serious inquiries only. Please do not visit the business for a tour without a scheduled showing with the listing broker.

FOR SALE DETAILS

PRICE

$2,175,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mamajuana Restaurant & Lounge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

LAWR-000082-000000-000061

ASK ABOUT THIS PROPERTY

Gary SidellBell Tower Commercial Real Estate GroupMore Info
978-375-7363

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Gary SidellBell Tower Commercial Real Estate GroupMore Info
978-375-7363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.