257 Essex, Lawrence MA 01840

Lawrence, MA 01840
$280,000
$150,000
Est. $958/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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0
Lot Sq Ft
2024
Year Built
183
Days on Market
For Sale Price Drop -$130,000 Listed Mar 9, 2026 • MLS# 73484287 Copied! • Updated Aug 25, 2026

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About this home

TURN-KEY RESTAURANT OPPORTUNITY – BUSINESS opportunity to acquire a fully equipped, turn-key restaurant operation with property and flexible ownership options. This offering is ideal for an experienced restaurateur, investor, or entrepreneur seeking a ready-to-operate establishment in a well-positioned location with strong growth potential. Seller's financing might be an option.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
46.4%
Price Range

Property Timeline

Price Reduced
Aug 21, 2026
$150,000 $130,000 (-46.43%)
From $280,000 to $150,000 (-46.4%)
🏠
Listed for Sale
Mar 9, 2026
$280,000
Original listing
Agent: Kennia Mejia Office: Realty ONE Group Nest

Tax History

Year Taxes Assessment
Tax history not available

Facts & Features

Home Facts

Type Business Opportunity
Year Built 2024
Lot Size 0.00
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
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 None

Financial

No financial details available
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Branded Name Not Included On The Sale
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
2024

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 2024
Structure Type:
Exterior Materials:
Roof:
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:
School District
Lawrence School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
14% 4-Year 23% 2-Year 3% Out of State 2% Working
School Safety 2024-25
2.2% Average
2.2% Suspensions 1.1% In-School
3.3% below state avg
E

Elementary Schools

3 schools
D
Oliver Elementary School
0.2 mi | #762 of 825 | Score: 31.5
Improved 52 spots from last year
-26.7 below state avg
448 students Less Diverse
Rising School
Grades K-04
F
School for Exceptional Studies
0.2 mi | #344 of 346 | Score: 16.3
Improved 39 spots from last year
-41.9 below state avg
114 students Less Diverse
Rising School
Grades PK-12
Lawrence Early Childhood Center
0.4 mi
217 students Less Diverse
Grades PK-K
M

Middle Schools

3 schools
Esperanza Academy
0.2 mi
Grades 05-06
F
Oliver Middle School
0.2 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.4 mi
Grades 05-08
H

High Schools

3 schools
B
Phoenix Academy Public Charter High School, Lawrence
0.4 mi | #182 of 346 | Score: 69.9
Same rank as last year
133 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
B-
RISE Academy
0.5 mi | #223 of 346 | Score: 66.7
Same rank as last year
105 students Less Diverse
College Ready Curriculum
Grades 06-12
B
High School Learning Center
0.6 mi | #172 of 346 | Score: 71.1
Same rank as last year
158 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
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.

Location

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Neighborhood

257 Essex, Lawrence MA 01840

Lawrence, MA 01840

Listing Information

Listing Agent Kennia Mejia
Listing Office Realty ONE Group Nest
Office Phone 978-655-1385
Agent MLS ID G8000593
Office MLS ID AN7014
Listing Data Updated Aug 25, 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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