32-34 S Broadway, Lawrence MA 01844
Lawrence, MA 01844
$499,000
Est. $2,882/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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About this home
Prime mixed-use investment opportunity at 32–34 South Broadway with an established commercial layout and significant residential potential. The first floor is currently configured as a restaurant, offering an existing commercial space in a highly visible location. The second and third floors are currently vacant residential space, ready for renovation and offering an exciting opportunity to create new residential units, owner-occupied space, or additional income-producing apartments, subject to applicable approvals. The property offers approximately 3,065 sq. ft. of living area, with additional attic space. Located in a neighborhood commercial zone, this property provides the flexibility and upside investors look for. Bring your vision, renovate the upper levels, and unlock the potential of this unique mixed-use property. Ideal for investors, owner-users, or buyers looking to create multiple income streams.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 6, 2026
$499,000
Original listing
Agent: Johan Lopez
Office: Home Shop Properties, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/06/2026 | 🏠 Listed for Sale | $499,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $1,903 | — |
Financial Details
Annual Property Tax
$1,903
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
2020
Lot Size
0.05 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, Natural Gas Available
Financial
Annual Tax
$1,903
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
The First Floor Is Currently Rented To A Restaurant, Paying $3, 000 A Month. 3 Years Left On The Lease With A 5% Yearly Increase. Restaurant Owner Owns All The Restaurant Equipment And Furnishings.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
2020
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
2020
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:
Nearby Schools
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
Elementary Schools
3 schools
CLASS, Inc.
0.2 mi
Grades K-12
Lawrence Catholic Academy
0.2 mi
Grades PK-08
C+
Emily G Wetherbee School
0.4 mi
|
#236 of 352
|
Score: 37.4
Same rank as last year
-20.8 below state avg
468 students
Less Diverse
Rising School
Strong Attendance
Grades K-08
Middle Schools
3 schools
C-
Guilmette Middle School
0.7 mi
|
#299 of 352
|
Score: 31.8
Dropped 1 spots from last year
-26.5 below state avg
451 students
Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.7 mi
Grades 05-08
Esperanza Academy
0.8 mi
Grades 05-06
High Schools
3 schools
B
High School Learning Center
0.2 mi
|
#172 of 346
|
Score: 71.1
Dropped 128 spots from last year
158 students
Less Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
0.8 mi
|
#182 of 346
|
Score: 69.9
Dropped 160 spots from last year
133 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.0 mi
|
#270 of 346
|
Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
3,280 students
Less Diverse
13 sports
• 1,440 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
Learn about these ratings
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
$159
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
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
32-34 S Broadway, Lawrence MA 01844
Lawrence, MA 01844
Listing Information
Listing Agent
Johan Lopez
Listing Office
Home Shop Properties, Inc.
Office Phone
978-655-3016
Agent MLS ID
G8000671
Office MLS ID
AC0594
Listing Data Updated
Sep 10, 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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