297 Broadway Lawrence, MA ^$ 700,000

297 Broadway

^$ 700,000

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297 Broadway

Lawrence, MA, 01843

^$ 700,000

Studio Baths3.0 Sq 1,022

Monthly Estimate*

^$ 4,890

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Studio

Commercial Property for sale in Lawrence, MA

for $700,000 with 3 full baths. This 1,022 square foot building was built in 1934 on a lot size of 0.11.

Calling all entrepreneurs! Owner retirement may be your new opportunity! Fully operating diner located in an easy to access South Lawrence location! Cavallo Restaurant (297 S Broadway) includes business & real estate property. Restaurant has a beer & wine liquor license, is open 7 days/week & employs 12 employees. Property includes plenty of off-street parking with it's convenient corner lot location. Full basement offers plenty of storage space! All equipment and furnishings are included in the real estate sale as well as the sale of the business, seller is willing to train new owner(s) on business operations, if needed. Potential development opportunity!

Commercial Active

Price

^$ 700,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 6,374

Style

Commercial

Lot Size

0.11

Year Built

1934

Town/City

Lawrence

County/Region

Essex

MLS | Web ID

73203821

List By

DNA Realty Group

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$5,421

Per Month

Monthly Principal & Interest: $4,890
Monthly Property Taxes: $531
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Lawrence, MA

Average List Price ^$1,338,057

Percent of Sale Price 91%

About Lawrence, MA

81,636 Population

13% Since 2002

^$37,342 Median Income

34 Median Age

35% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
2/20/2024	$700,000		Listed Price

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297 Broadway, Lawrence, MA, 01843 is a Commercial Property for sale at $700,000 with 1,022 sqft and a lot size of 0.11. 297 Broadway is a studio with 3.0 baths and was built in 1934. The property's zip code is 01843 which is in Lawrence, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/20/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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297 Broadway

Commercial Property for sale in Lawrence, MA

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