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1-3 Broadway
Lawrence, MA 01840 North Common

$2,600,000

Warehouse For Sale  •  140,584 Sq Ft

Property Details

  • Property Type Warehouse
  • Total Building Size 140,584 Sq Ft
  • Lot Size 1.8 ac
  • Building Class B
  • Year Built 1896
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning Industrial
47 Transit Score
91 Walk Score

Description

Brokers protected
Redevelopment potential 
Rents below market

Highlights

Great solar revenue

Property Flyers

Financial Summary

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Hi-Tech 5,000 SF
Pacific Vill Realty Trust
Progressive Gourmet 5,000 SF
Shipping Overseas & International Movers
Taho Acadamy Llc 5,039 SF

Public Transportation

Commuter RailDriveWalkDistance
Lawrence Commuter Rail (Haverhill Line) 3 min 20 min 1.0 mi
Andover Commuter Rail (Haverhill Line) 7 min - 3.3 mi
AirportDriveWalkDistance
Manchester–Boston Regional Airport 40 min - 25.9 mi
Logan International Airport 42 min - 30.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Joel Irving 774-392-1336 Mgmt-Etc. Corp.
Joel Irving 774-392-1336 Mgmt-Etc. Corp.