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Commercial Sale at 89 S Broadway, Lawrence MA 01843, Lawrence
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34 photos

$1,450,000

89 S Broadway, Lawrence MA 01843
Lawrence, MA 01843
Listed by Emmanuel Frias
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1870

About this home

Welcome to 89 S Broadway, Lawrence, MA—a unique opportunity to own the property, operate a business, and generate rental income all in one location! This versatile property features a commercial restaurant space with a full liquor license plus 3 spacious residential apartments, offering multiple income streams and excellent potential for an owner-operator, investor, or restaurateur. Located on S Broadway with great visibility and convenient access to major highways, shopping, restaurants, and public transportation, this property is ideally positioned for both business and residential use. Own the building. Run the business. Collect rental income. The possibilities are endless at 89 S Broadway! Schedule your private showing today.

Property details

MLS #
73565869
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
50
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

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
0.25 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
0.69 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
0.9 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 50 days -- 59 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

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

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Est. monthly payment
$8,882/mo
$290,000 down
$1,160,000 loan
Principal & interest$7,524
Property tax (est.)$1,208
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 23, 2026.

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.