CCertihomes
225-235 Essex St #1, Lawrence, MA 01840

$1

0 beds 4 baths 25,122 sqft Built 1900Active

About this home

$1/SF!!! Yes, you read that right!! Amazing opportunity to be in the Heart of Downtown Lawrence! Former location of the successful Aroma Laser Center, this space offers approx. 1, 500/SF of recently demoed, wide-open blank canvas with a ceiling height of about 13 feet. The landlord will deliver the space as a vanilla shell with a brand-new HVAC system. This interior first-floor space has immediate access to the main entrance and four bathrooms that are all ADA-accessible. Extremely well-managed mixed-use building. Landlord welcomes retail, office, medical, and cafe use. Lessee will have 24/7 access to the building. Flexible and negotiable lease terms are available. Modified net - Tenant to pay base rent plus a share of real estate taxes and own utilities. High traffic & very desirable w/ Great access to all major routes RT. 114, RT. 28, RT. 110, I-495, I-93 & public transportation/Haverhill Line Commuter Rail. Promo rate of $1/sf is for the first two months during the buildout phase.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,383/mo

Real estate (PITI + HOA + PMI)
$4,463
Principal + interest$0
Property tax + insurance$4,463
Utilities
$1,350
Heating + cooling$513
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$158
$5,383/mo TLC
Budget$5,883/mo
Remaining after TLC$500/mo
Purchase price
$1
Down payment
$0 (5%)
Loan amount
$1
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1900
Lot size
0.2 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$40,794
MLS #
73186770
County
Essex

Home features

Roof
Rubber

Neighborhood — 01840

MetricThis ZIPCountyUSA
Population3,8406,444,931299,088,112
Population Change Since1990-1.00%7.00%20.00%
Population Density6,802786
Male1,8593,127,134147,432,321
Female1,9813,317,797151,655,844
Never Married1,1031,612,88563,775,926
Married7242,586,314123,120,365
Separated464247,85712,639,686
Widowed205363,59415,467,586
Divorced425436,88823,075,029
Number Of House Hold1,5322,431,591111,826,380
Average House Hold Size2.452.562.60
Medial Age30.0537.2535.46
Median House Hold Income$14,084$57,698$48,276
Average House Hold Income$23,762$75,023$63,629
P C I$11,090$29,196$24,529
M D I$13,428$48,105$41,133
A T H E$28,165$57,083$50,898
S T R5.00%5.00%
W C J82.37%81.38%77.74%
(Zip) Code
1840

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 12/12/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.