Lawrence, MA Commercial Real Estate for Sale and Lease

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Commercial Property List

What to Expect

This bustling Essex County city had a population of roughly 76,400 in 2010, and it's about 28 miles northeast of Boston. Commercial properties here vary widely in terms of zoning, size, price and other attributes. Whether you need industrial, office or retail space, you're sure to find suitable options in our database.

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By using our search feature, you'll quickly find first-rate commercial properties in this vibrant city. You can even narrow things down based on price, square footage, location and other criteria. Listings are chock-full of useful information and feature large photos, so you can check out properties from afar.

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With a population of nearly 80,000, this town in Essex County, Massachusetts is fast-growing and poised for more commercial development. Incorporated in 1853, the town is only 30 miles away from Boston, and contains 7.0 square miles of land. It is an area known for its numerous rivers, including the Spicket River and the Merrimack River. Previously known for its industry, specifically its large power-generating dam on the Merrimack River, the area has many spaces that are ready for redevelopment.

Green spaces include the conservation area known as Den Rock Park, which allows for both rock-climbing and bird watching. The city also has a number of hills that give excellent views of their surroundings, including Tower Hill and Prospect Hill. The town is also relatively easy to access, either by car or public transit. Interstate 495 crosses through town, as does Route 28, Route 114, and Route 110. The MBTA Commuter Rail Haverhill/Reading Line also has a stop in town. The Merrimack Valley Regional Transit Authority has a bus hub in town, and there is also a Municipal Airport just outside the city limits that bears the town’s name. This airport serves small planes only.

In keeping with the rapid spate of commercial redevelopment (please see the news section below), land in this town is a hot commodity. The property at 207 Marston Street, which encompasses 14.01 acres, is located next to Interstate 495 and 2.9 miles from the Lawrence Commuter Rail station. Listed as an investment opportunity, this land is ready to be transformed. The sale list price for this property is $3,900,000.

Office Space Market

The industrial history of this town has created a number of impressive, beautiful brick and masonry buildings that abut the waterfront and offer enormous amounts of office space in a visually appealing urban setting. The property at 360 Merrimack Street has a rentable building area of 78,246 square feet, and looks out at the Merrimack River. Built in 1900, it features a fully refurbished interior with ample spaces for almost any office configuration. Units range from 1,228 square feet to 5,800 square feet and beyond. Building amenities include an onsite restaurant, fitness center, and conferencing facility. The estimated rent per square foot per month for this structure is $0.83.

The property at 52 Franklin Street is located within a few blocks of Interstate 495 and offers sleek, modern spaces with floor to ceiling windows, carpeted floors, tiled suites, natural and ambient lighting, and an adjacent parking lot. The clean modernist architectural style distinguishes the building visually. With 10,388 square feet, the building was built in 1962 but completely renovated in 2011. The estimated rent for this structure is $1.42 a square foot per month.

For those who want a slightly more historic looking building, the property at 225-235 Essex Street is an ideal choice. Built in 1900, the 29,272 square foot structure has an elegant, canopied ground floor with prominent storefront display windows. The upper floors feature casement windows set among intricately laid brick. The surrounding businesses and streets form a delightful urban core with a variety of restaurants, shops, and other municipal amenities just steps away. Suite sizes range from 400 square feet to 6,000 square feet, and feature kitchens, conference rooms, and other shared welcoming spaces. The estimated rent for this property is $0.75 to $1.07 a square foot per month.

Meanwhile, 25 Marston Street offers potential tenants ready-made medical office space right next to the Merrimack River. With 35,469 square feet, the structure, which was built in 1974, has recently been refurbished and features river views, a reception area, and private bathrooms. The rent for this property has not been made publicly available.

The property at 375 Common Street is woven into the city, although it is only a few blocks from the waterfront. Built in 1965, this structure has 9,438 square feet of leasable space, and offers both basement and upper floor units starting at 306 square feet. The building has a distinctly modernist aesthetic, with brick veneer and stylish rectangular windows. The estimated rent for this property is $1.00 per square foot per month.

A stately building with a signature rounded bulwark near the front entryway, the structure at 499 Essex Street offers contemporary office space in a bright, naturally lit environment. Built in 1960, the 18,990 square foot building is located near the town’s District and Superior Courthouses, and within easy distance of the community college. The front office space has bullet-proof glass in the reception area, and steel door entry. There are ten individual offices and a variety of shared conference rooms, as well as a kitchen. The estimated rent for this structure is $1.43 per square foot per month.

For those who wish to buy a beautiful vintage building in a prime downtown location, the property at 276-280 Essex Street is definitely worth a look. Built in 1912, the five-story structure features gorgeous oak-paneled interiors, elegant circular windows, carpeted hallways, and a striking stone exterior with turn-of-the-century ornamental flourishes. The first floor is equipped with large storefront windows, and the upper floors have a variety of shared and private spaces. The building has two seperate entrances, and a stairway providing access to the upper floors, as well as an elevator with secured floor access. The building has a sale price of $750,000.

Retail Space Market

This town has been making news recently for its rapid expansion and development into the tech sector and other retail ventures. The retail space market therefore offers much for the potential investor, from properties located in former single family homes to brand new luxurious developments.

With period woodwork, a wrap-around front porch with vintage iron railing, three garage bays and ample adjacent parking, the structure at 184 Jackson Street is a mixed-use property ready for single-tenant retail. Located in the center of town, the structure has 5,313 square feet of space and was built in 1920. The price for this property is $549,900.

The freestanding retail space at 106 Marston Street offers easy access to Interstate 495 as well as proximity to the Merrimack River. Built in 1955, this 3,654 square foot structure offers central heating and air conditioning, as well as room for parking. The estimated rent for this property is $1.23 a square foot per month.

Those investors who are seeking much larger spaces will be pleased by the property at 69-71 Winthrop Avenue, which has 175,000 square feet of total space. More than 120,000 people live within a three mile radius of the property. The large storefronts and immediate parking make this an excellent location for a large-scale retailer. Built in 1972, the estimated rent for this structure has not been made publicly available.

Located close to the waterfront and directly off Interstate 495, the 5,257 square foot structure at 500 Merrimack Street is perfect for a small to midsize retailer. Built in 2007, the structure offers a well-lit, modern appearance next to a parking lot. The estimated rent for this space is $1.42 per square foot per month.

With a white circular amphitheater-like entryway adjoined by tasteful brick, the structure at 155 Parker Street offers a signature aesthetic look on the south side of town. Built in 1963, the building has been renovated with LED lighting, a new heating system, a drop ceiling and brand new flooring. The 8,736 square foot space is sited next to a parking lot, and has delightfully restored ornamental railings and staircases throughout. The upper floor has a gorgeous view of the surrounding city through the enormous, signature curved windows. The rent for this property is $1.00 per square foot per month.

Built in 2012, the 68,000 square foot structure at 290 Merrimack Street offers a number of differently sized retail spaces in a tan and brick complex centered around a parking lot. The interior decor features bright colors and sophisticated lighting fixtures. The building itself comes with numerous onsite amenities, including a conferencing facility and a restaurant. The suites range in size from 900 square feet to several thousand square feet. Located next to Interstate 495 and only 0.3 miles from the Lawrence Commuter Rail stop, this property has an estimated rent of $1.67 per square foot per month.

Recent Commercial News

Many large corporations have located their headquarters or significant operation facilities within this town, including New Balance shoes. Several older industrial buildings that were formerly either vacant or underutilized have also been transformed into new industrial innovation hubs, including the former Polartec plant at 46 Stafford Street. The acquisition of this 559,868 square foot facility, which has a lot size of 14.49 acres, was announced in December 2017. It is being redeveloped into a haven for start-ups and other youthful visionaries. The idea is to create a dynamic energy that fuels the development of numerous other entrepreneurs and business owners.

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Commercial Property List