INNOVATE Real Estate
Business Opportunity at 53 South Broadway, Lawrence MA 01843, Lawrence
1 photo

$118,000

53 South Broadway, Lawrence MA 01843
Lawrence, MA 01843
Listed by Albania Perez
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

Seize the opportunity to own a established convenience store business located on the busiest thoroughfare in town. Positioned on a prime corner lot, this business enjoys maximum visibility and a steady stream of daily foot and vehicular traffic. Known throughout the region as the premier destination for lottery players, this store boasts the highest Massachusetts State Lottery sales volume in the immediate area. While the store thrives on its dominant lottery, tobacco, and beverage sales, a new owner can further boost revenue by expanding the inventory to include specialty grocery items, introducing a fresh coffee and food program, or adding a deli/prepared food counter. This sale includes the business assets, goodwill, equipment, walk in coolers, etc. and transferable licenses.

Property details

MLS #
73551336
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
83
On market date
July 17, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
8,000 sqft

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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Emily G Wetherbee
0.28 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
Guilmette Middle School
0.65 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
0.86 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
18.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 83 days -- 26 fewer days than Lawrence's current average of 109 days.
For reference, the median list price across 230 active listings in Lawrence right now is $90,000.

Mortgage calculator

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Est. monthly payment
$861/mo
$23,600 down
$94,400 loan
Principal & interest$612
Property tax (est.)$98
Home insurance (est.)$150

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