Adaptive Reuse or Redevelopment Opportunity for Sale… — Sale in Lawrence, MA

  • Price: $975K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lawrence, MA 01840
  • Size: 12,942 SF
  • Year built: 1903

Investment Figures

Price per square foot
$75

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Faulkner Commercial Group is pleased to present this rare opportunity to acquire one of Lawrence's grand, landmark church properties, offering exceptional adaptive reuse potential. Built in 1903, this 12,942± SF masonry structure occupies a prominent corner location on approximately 0.40 acres in a densely populated neighborhood. The property presents an outstanding redevelopment opportunity for religious or institutional use, multifamily residential conversion, cultural arts, education, nonprofit, or other income producing uses, subject to municipal approvals. Significant capital improvements should be anticipated, including building systems, accessibility, and structural modernization. The property is being offered for its redevelopment potential rather than its current condition. There is no deeded off-street parking. Buyers are responsible for all due diligence regarding zoning, permitted uses, parking requirements, and redevelopment feasibility. Building SF: 12942 | Land Size: 17496.0 SF | Year Built: 1903 | Listing Type: FOR SALE

Market Context

This multifamily in Lawrence, MA is listed for sale at $975,000 across 12,942 SF. The building dates to 1903. It has been on the market for 16 days. Compare it against other multifamily listings for sale in Lawrence, MA — view the full market.

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