118-124 South Union St., Lawrence MA 01843

Lawrence, MA 01843
$2,175,000
Est. $12,679/month
5,549
Sq Ft
$392
Price/Sq Ft
0.44
Acres
1900
Year Built
18
Days on Market
Active Listed Nov 18, 2025 • MLS# 73455751 Copied!

About this home

Turnkey Restaurant & Real Estate Opportunity in Lawrence, MA! Bell Tower CRE Group is proud to present this rare opportunity to acquire a fully established restaurant business, including inventory and real estate. Mamajuana Restaurant & Lounge has been offering Latin Caribbean cuisine since 2019 with a strong reputation for exceptional service in a prime location. The real estate consists of 5,549 SF of finished space on a 19,166 SF lot with ample parking for 40+ vehicles. The current owners designed and completed a full transformation of the property in recent years, including structural improvements, new siding and roofing, and high-quality interior finishes. Inside, the restaurant offers a fully equipped commercial kitchen, generous prep areas, two fully stocked bars, a performance stage, and a capacity for up to 500 patrons indoors, plus 240 guests on the outdoor patio. This sale includes the real estate and all business inventory, including liquor license subject to City approval.

Property Overview

Listing Type
Commercial Sale
Year Built
1900
Living Area
5,549 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Living Area 5,549 sq ft
Lot Size 0.44 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Natural Gas Available

Financial

Annual Tax $17,771

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

118-124 South Union St., Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Schools

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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,481
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Nov 18, 2025
$2,175,000
Original listing
Office: The Edge Group, Inc.

Price & Status History

Date Event Price Change
Nov 18, 2025 New Listing Added $2,175,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$392

Tax History

Year Taxes Assessment
2025 $17,771

Financial Details

Annual Property Tax
$17,771
Tax Year 2025

Listing Information

Listing Agent Gary Sidell
Listing Office The Edge Group, Inc.
Agent MLS ID CN243316
Office MLS ID NB9592
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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