Commercial Sale at 32-34 S Broadway, Lawrence MA 01844, Lawrence
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$499,000

32-34 S Broadway, Lawrence MA 01844
Lawrence, MA 01844
Listed by Johan Lopez
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2020

About this home

Prime mixed-use investment opportunity at 32–34 South Broadway with an established commercial layout and significant residential potential. The first floor is currently configured as a restaurant, offering an existing commercial space in a highly visible location. The second and third floors are currently vacant residential space, ready for renovation and offering an exciting opportunity to create new residential units, owner-occupied space, or additional income-producing apartments, subject to applicable approvals. The property offers approximately 3,065 sq. ft. of living area, with additional attic space. Located in a neighborhood commercial zone, this property provides the flexibility and upside investors look for. Bring your vision, renovate the upper levels, and unlock the potential of this unique mixed-use property. Ideal for investors, owner-users, or buyers looking to create multiple income streams.

Property details

MLS #
73572440
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
24
On market date
September 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.05 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
Emily G Wetherbee
0.33 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
0.66 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
0.8 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 24 days -- 82 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
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 24 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.