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643 Broadway #647 Lawrence, MA 01841
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Key Details
Sold Price $710,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,634 sqft
Price per Sqft $269
MLS Listing ID 73488148
Sold Date 05/12/26
HOA Y/N false
Year Built 1900
Annual Tax Amount $7,684
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Investment Opportunity – 643 Broadway, Lawrence, MA. Fully occupied four-unit commercial building located at the highly visible corner of Broadway and Whitman in Lawrence. This 2,634 sq ft property offers a strong income-producing opportunity with a proven rental history and long-term tenants already in place.The building is fully leased with stable occupants and minimal historical vacancy, making it a reliable addition to any investor's portfolio. Tenants are responsible for all utilities except water, helping maintain low operating expenses for ownership.Situated on a prominent corner lot along Broadway, the property benefits from significant daily vehicle and foot traffic, offering excellent exposure for businesses. The building also features a large basement that provides additional storage capacity for tenants or potential operational use.With its premier commercial location, consistent income stream, and established tenancy, 643 Broadway represents a turnkey investment opp.
Location
State MA
County Essex
Area North Lawrence
Zoning B2
Direction use gps. Corner Broadway and Whitman.
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Shingle
Others
Senior Community false
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Bought with Diane Amato • Vylla Home
NEARBY SCHOOLS & BUSINESSES
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