Commercial Sale at 265 Merrimack St, Lawrence MA 01843, Lawrence
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32 photos

$3,200,000

265 Merrimack St, Lawrence MA 01843
Lawrence, MA 01843
Listed by Trevor T. Gearin
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1987

About this home

Prime Commercial Investment Opportunity in Lawrence’s Dynamic Riverwalk District! Rare opportunity to acquire a highly versatile commercial asset featuring a 6-unit fully occupied retail strip mall paired with an active automotive repair facility, complete with a hard-to-find 10-vehicle Class 2 used car dealer license.Situated directly off I-495 and steps from the MBTA Commuter Rail Station, this high-visibility parcel offers exceptional exposure and effortless regional connectivity. Surrounding ongoing redevelopment and vibrant Riverwalk District growth provide massive upside potential with genuine expansion and re-development possibilities. Stable holding income from existing tenants combined with high-demand auto service/sales infrastructure make this an exceptional find for investors, developers, or owner-operators looking to capitalize on Merrimack Valley's booming corridor. Buyer/Buyer's agent to perform due diligence regarding expansion options and zoning uses.

Property details

MLS
MLS Property Information Network
MLS #
73591132
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.53 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.

Elementary
John Breen School
0.46 mi away · Grades -1-0
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
252
Student:teacher ratio
12.0:1
District
Lawrence
Middle
UP Academy Leonard Middle School
0.52 mi away · Grades 6-8
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
340
Student:teacher ratio
12.6:1
District
Lawrence
HighCharter
Phoenix Academy Public Charter High School Lawrence
0.48 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
138
Student:teacher ratio
12.5:1
District
Phoenix Academy Public Charter High School Lawrence (Distric

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).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 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 2 days -- 109 fewer days than Lawrence's current average of 111 days.
For reference, the median list price across 242 active listings in Lawrence right now is $75,000.

Mortgage calculator

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Est. monthly payment
$19,421/mo
$640,000 down
$2,560,000 loan
Principal & interest$16,604
Property tax (est.)$2,667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 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.