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407 Essex St, Lawrence MA 01840

Lawrence, MA 01840
$947,000
Est. $5,898/month
0.17
Acres
1971
Year Built
15 hours 7 minutes
Time on Market
Active Listed Jul 3, 2026 • MLS# 73544483 Copied!

About this home

Highly visible and established downtown building, waiting for it's next ambitious entrepreneur. 3,654 sq. ft. of store front , plus the same amount of space in a high ceiling finished basement. A brick construction building positioned, virtually adjacent to Northern Essex Community College Health and Technology Center, just a few blocks from route 28 and very close to 495 and 93 with a high traffic count. Own your flexible retail/office space in the heart of downtown with entrances to one of the most attractive Urban Renewal Downtown Project's, "The Alley Way". The street level location, large windows offer great natural light & great sidewalk visibility. The potential usage of this location, includes Retail, office, bookstore, Art supply among other entrepreneurial creativity. Don't miss the opportunity to be part of the URBAN RENEWAL OF LAWRENCE!

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Property Overview

Listing Type
Commercial Sale
Year Built
1971

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1971
Lot Size 0.17 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 None

Financial

Annual Tax $10,914

Interior Features

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

Construction & Materials

Year Built: 1971
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:

Location

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Neighborhood

407 Essex St, Lawrence MA 01840

Lawrence, MA 01840

Walkability

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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

10 schools
F
School for Exceptional Studies
0.3 mi | #343 of 346 | Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students Less Diverse
Rising School
Grades PK-12
C
Lawrence Family Development Charter School
0.5 mi | #254 of 352 | Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
CLASS, Inc.
0.5 mi
Grades K-12
Lawrence Catholic Academy
0.7 mi
Grades PK-08
B+
Community Day Charter Public School
0.8 mi | #125 of 352 | Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students Less Diverse
Grades PK-08
C+
Emily G Wetherbee School
0.9 mi | #235 of 352 | Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students Less Diverse
Rising School
Grades K-08
Lawrence Early Childhood Center
0.3 mi
205 students Less Diverse
Grades PK-K
D
Oliver Elementary School
0.3 mi | #766 of 824 | Score: 31.2
Improved 48 spots from last year
-27 below state avg
469 students Less Diverse
Rising School
Grades K-04
F
Francis M. Leahy School
0.5 mi | #806 of 824 | Score: 26.5
Improved 27 spots from last year
-31.7 below state avg
525 students Less Diverse
Rising School
Grades PK-04
C-
John K Tarbox School
0.8 mi | #699 of 824 | Score: 35.8
Dropped 40 spots from last year
-22.4 below state avg
281 students Less Diverse
Grades 01-04
M

Middle Schools

9 schools
Blessed Stephen Bellesini O.S.A. Academy
0.3 mi
Grades 05-08
F
Oliver Middle School
0.3 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
Esperanza Academy
0.3 mi
Grades 05-06
C-
Guilmette Middle School
0.8 mi | #294 of 352 | Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
D
Arlington Middle School
0.9 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Rising School
Grades 05-08
D
Alexander B Bruce School
0.9 mi | #331 of 352 | Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students Less Diverse
Grades 03-08
B+
Spark Academy
1.2 mi | #6 of 16 | Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
1.3 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
C-
Frost Middle School
1.6 mi | #297 of 352 | Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students Less Diverse
Rising School
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
0.6 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
B
High School Learning Center
0.5 mi | #172 of 346 | Score: 71.1
Same rank as last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
0.5 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
0.6 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.4 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $910
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 3, 2026
$947,000
Original listing
Agent: Fermin Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Jul 3, 2026 New Listing Added $947,000

Market Statistics

Time on Market
15 hours 7 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2026 $10,914

Financial Details

Annual Property Tax
$10,914
Tax Year 2026

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Agent MLS ID TM321052
Office MLS ID AN4356
Listing Data Updated Jul 3, 2026 12:54 PM 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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