364 Haverhill St - Churches FOR SALE


Lawrence, MA 01840- North Common
$975,000 USD
978-269-5445
364 Haverhill St, Lawrence, MA for Sale
$975,000 USD
Churches - FOR SALE
1/16
null | Request Cap Rate

NEW


364 Haverhill St
Lawrence, MA 01840
North Common


HIGHLIGHTS

  • Landmark Church built in 1903.
  • 12,942± SF building on 0.40± acres.
  • Prominent corner location in Lawrence.
  • Adaptive reuse/redevelopment opportunity.
  • Potential for multifamily, institutional, educational, nonprofit, or other income-producing uses (subject to approvals).
  • Value-add investment requiring significant renovations.

OVERVIEW

Faulkner Commercial Group is pleased to present this rare opportunity to acquire one of Lawrence's grand, landmark church properties, offering exceptional adaptive reuse potential. Built in 1903, this 12,942± SF masonry structure occupies a prominent corner location on approximately 0.40 acres in a densely populated neighborhood. The property presents an outstanding redevelopment opportunity for religious or institutional use, multifamily residential conversion, cultural arts, education, nonprofit, or other income producing uses, subject to municipal approvals. Significant capital improvements should be anticipated, including building systems, accessibility, and structural modernization. The property is being offered for its redevelopment potential rather than its current condition. There is no deeded off-street parking. Buyers are responsible for all due diligence regarding zoning, permitted uses, parking requirements, and redevelopment feasibility.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Adaptive Reuse or Redevelopment Opportunity

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R2

APN/PARCEL ID

LAWR-000167-000000-000071

ASK ABOUT THIS PROPERTY

Janet FaulknerKW Commercial - Faulkner Commercial GroupMore Info
978-269-5445

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Janet FaulknerKW Commercial - Faulkner Commercial GroupMore Info
978-269-5445

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