205 Broadway Unit: 5, Lawrence MA 01840

Lawrence, MA 01840 • North Lawrence
$358,000
$325,000
Est. $1,843/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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28,000
Lot Sq Ft
1998
Year Built
413
Days on Market
For Sale Price Drop -$33,000 Listed Jul 28, 2025 • MLS# 73407113 Copied! • Updated Sep 4, 2026

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About this home

LA TAMBORA RESTAURANT" is now available for sale! This is a fantastic opportunity to own a well-established, fully operational Dominican restaurant with a loyal customer base and a powerful delivery presence. Ideally located on one of the busiest commercial streets in Lawrence, this high-visibility unit benefits from heavy foot traffic and excellent brand recognition. This business is already partnered with DoorDash and Uber Eats, providing a steady stream of online orders and expanded market reach. The kitchen is fully equipped, and dining space is well-maintained, offering both dine-in and takeout service. "Owner will finance 70% for qualified buyers. Full operational training and transition support included.

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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
7.9%
Price Range

Property Timeline

Price Reduced
Aug 31, 2026
$325,000 $5,000 (-1.52%)
From $330,000 to $325,000 (-1.5%)
Price Reduced
Apr 2, 2026
$330,000 $20,000 (-5.71%)
From $350,000 to $330,000 (-5.7%)
Price Reduced
Mar 2, 2026
$350,000 $3,000 (-0.85%)
From $353,000 to $350,000 (-0.8%)
🏠
Listed for Sale
Jul 28, 2025
$353,000
Original listing
Agent: Albania Perez Office: Keller Williams Realty Evolution
🏠
Listed for Sale
Jul 28, 2025
$353,000
Original listing
Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
Tax history not available

Facts & Features

Home Facts

Type Business Opportunity
Year Built 1998
Lot Size 28,000 sq ft
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 220 Volts

Financial

No financial details available
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures The Seller Or Sellers Agent Make No Warraties Or Representation In This Listing. The Buyers Agent And Buyer To Perform Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Documents Aerial Photo, Tax Return, Accountant Provided, May Show Books, Lease Agreement (5)
County Essex

Property Overview

Listing Type
For Sale
Year Built
1998

Floor Layout

Interior Features

Flooring:
Appliances:
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Construction & Materials

Year Built: 1998
Structure Type:
Exterior Materials: Frame
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
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Exterior & Lot

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Patio & Porch:
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Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

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 $0
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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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.

Location

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Neighborhood

North Lawrence

205 Broadway Unit: 5, Lawrence MA 01840

Lawrence, MA 01840

Listing Information

Listing Agent Albania Perez
Listing Office Keller Williams Realty Evolution
Office Phone 781-395-5600
Agent MLS ID CN243628
Office MLS ID AN6887
Listing Data Updated Sep 4, 2026 3:05 AM EDT
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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Steve Novak Real Estate
Steve Novak Real Estate
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