Commercial Sale at 139 Water St, Lawrence MA 01841, Lawrence
Commercial Sale at 139 Water St, Lawrence MA 01841, Lawrence, photo 2 of 13
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$449,900

139 Water St, Lawrence MA 01841
Lawrence, MA 01841
Listed by Julie Chavez
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

Excellent investment and redevelopment opportunity at 139 Water Street in Lawrence! This freestanding commercial property currently houses an operating business and offers the potential to be converted into a mixed-use property. The City of Lawrence has approved the construction of one additional residential unit on the second floor, creating an attractive income-producing opportunity for an owner-user, investor, entrepreneur, or developer. Approved plans and zoning documentation are available for review by qualified buyers. The current operating business is not included in the real estate sale and is being offered separately under MLS #________. Buyers and buyers’ agents are responsible for verifying all approvals, permits, requirements, and proposed uses with the City of Lawrence.

Property details

MLS #
73565862
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
42
On market date
August 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.06 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Gerard A. Guilmette
0.25 mi away · Grades 1-4
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
476
Student:teacher ratio
9.9:1
District
Lawrence
Middle
Guilmette Middle School
0.25 mi away · Grades 5-8
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
496
Student:teacher ratio
8.9:1
District
Lawrence
High
High School Learning Center
0.85 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
208
Student:teacher ratio
13.9:1
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).

94
Highly walkable
out of 100
EPA National Walkability Index
17.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

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

On the market 42 days -- 64 fewer days than Lawrence's current average of 106 days.
For reference, the median list price across 226 active listings in Lawrence right now is $75,000.

Mortgage calculator

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

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Est. monthly payment
$2,859/mo
$89,980 down
$359,920 loan
Principal & interest$2,334
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 14 hr 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.