$449,900
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
Location
Get directions →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).
- Enrollment
- 476
- Student:teacher ratio
- 9.9:1
- District
- Lawrence
- Enrollment
- 496
- Student:teacher ratio
- 8.9:1
- District
- Lawrence
- 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).
Market position
How this listing compares to current activity in Lawrence, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 13 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.