139 Water St, Lawrence MA 01841
Lawrence, MA 01841
$499,900
Est. $3,295/month
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About this home
Excellent investment and redevelopment opportunity at 139 Water Street in Lawrence! This freestanding commercial property currently houses an operating business and offers the potential to be converted into a mixed-use property. The City of Lawrence has approved the construction of one additional residential unit on the second floor, creating an attractive income-producing opportunity for an owner-user, investor, entrepreneur, or developer. Approved plans and zoning documentation are available for review by qualified buyers. The current operating business is not included in the real estate sale and is being offered separately under MLS #________. Buyers and buyers’ agents are responsible for verifying all approvals, permits, requirements, and proposed uses with the City of Lawrence.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 19, 2026
$499,900
Original listing
Office: Realty ONE Group Nest
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/19/2026 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,810 | — |
Financial Details
Annual Property Tax
$6,810
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1950
Lot Size
0.06 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
Financial
Annual Tax
$6,810
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1950
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
1950
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
D
Gerard A. Guilmette School
0.2 mi
|
#756 of 824
|
Score: 32.1
Improved 59 spots from last year
-26.1 below state avg
485 students
Less Diverse
Rising School
Grades 01-04
James F Hennessey School
0.3 mi
300 students
Less Diverse
Grades PK-02
C+
Emily G Wetherbee School
0.5 mi
|
#235 of 352
|
Score: 37.5
Improved 1 spots from last year
-20.7 below state avg
480 students
Less Diverse
Rising School
Grades K-08
Middle Schools
3 schools
C-
Guilmette Middle School
0.2 mi
|
#294 of 352
|
Score: 31.8
Improved 4 spots from last year
-26.4 below state avg
457 students
Less Diverse
Grades 05-08
D
Alexander B Bruce School
0.5 mi
|
#331 of 352
|
Score: 27.7
Improved 8 spots from last year
-30.5 below state avg
462 students
Less Diverse
Grades 03-08
Blessed Stephen Bellesini O.S.A. Academy
0.6 mi
Grades 05-08
High Schools
3 schools
B
High School Learning Center
0.6 mi
|
#172 of 346
|
Score: 71.1
Dropped 128 spots from last year
198 students
Less Diverse
Career Tech Programs
College Ready Curriculum
Grades 09-12
Central Catholic High School
0.9 mi
21 sports
• 2,718 athletes
Strong Athletics
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.1 mi
|
#182 of 346
|
Score: 69.9
Dropped 160 spots from last year
140 students
Moderate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$568
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
139 Water St, Lawrence MA 01841
Lawrence, MA 01841
Listing Information
Listing Agent
Julie Chavez
Listing Office
Realty ONE Group Nest
Office Phone
978-655-1385
Agent MLS ID
G9500285
Office MLS ID
AN7014
Listing Data Updated
Aug 19, 2026 5:24 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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