INNOVATE Real Estate
Commercial Sale at 486 Andover Street, Lawrence
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19 photos

$1,200,000

486 Andover Street
Lawrence, MA 01843
Listed by George Silva
Bedrooms
N/A
Bathrooms
N/A
Living area
8,874 sqft
Year built
1910

About this home

Redevelopment or Owner User Opportunity In South Lawrence. Previously approved by zoning to construct 10-20 units. Freight elevator in place ( Condition Unknown) .Located in close proximity to major highways. On the bus line. Fully sprinkled. Open floor plan. Within walking distance to many amenities.

Property details

MLS
MLS Property Information Network
MLS #
73597483
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
2
On market date
November 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.34 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Emily G Wetherbee
0.16 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
529
Student:teacher ratio
9.0:1
District
Lawrence
Middle
Frost Middle School
0.51 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
528
Student:teacher ratio
17.0:1
District
Lawrence
High
Lawrence High School
1.04 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3,097
Student:teacher ratio
13.0:1
District
Lawrence

Walkability

Blended score for Lawrence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

96
Highly walkable
out of 100
EPA National Walkability Index
18.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks18
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Lawrence, from live MLS data.

On the market 2 days -- 117 fewer days than Lawrence's current average of 119 days.
For reference, the median list price across 255 active listings in Lawrence right now is $150,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.