32-34 S Broadway, Lawrence MA 01844

Lawrence, MA 01844
$499,000
Est. $2,882/month
0.05
Acres
2020
Year Built
13 hours 0 minutes
Time on Market
For Sale Listed Sep 6, 2026 • MLS# 73572440 Copied! • Updated Sep 6, 2026

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About this home

Prime mixed-use investment opportunity at 32–34 South Broadway with an established commercial layout and significant residential potential. The first floor is currently configured as a restaurant, offering an existing commercial space in a highly visible location. The second and third floors are currently vacant residential space, ready for renovation and offering an exciting opportunity to create new residential units, owner-occupied space, or additional income-producing apartments, subject to applicable approvals. The property offers approximately 3,065 sq. ft. of living area, with additional attic space. Located in a neighborhood commercial zone, this property provides the flexibility and upside investors look for. Bring your vision, renovate the upper levels, and unlock the potential of this unique mixed-use property. Ideal for investors, owner-users, or buyers looking to create multiple income streams.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 6, 2026
$499,000
Original listing
Agent: Johan Lopez Office: Home Shop Properties, Inc.

Tax History

Year Taxes Assessment
2026 $1,903

Financial Details

Annual Property Tax
$1,903
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2020
Lot Size 0.05 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $1,903
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures The First Floor Is Currently Rented To A Restaurant, Paying $3, 000 A Month. 3 Years Left On The Lease With A 5% Yearly Increase. Restaurant Owner Owns All The Restaurant Equipment And Furnishings.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
2020

Floor Layout

Interior Features

Flooring:
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Construction & Materials

Year Built: 2020
Structure Type:
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Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
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Exterior & Lot

Exterior Features:
Patio & Porch:
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Parking & Garage

Parking Features:
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
CLASS, Inc.
0.2 mi
Grades K-12
Lawrence Catholic Academy
0.2 mi
Grades PK-08
C+
Emily G Wetherbee School
0.4 mi | #236 of 352 | Score: 37.4
Improved 65 spots from last year
-20.8 below state avg
468 students Less Diverse
Rising School Strong Attendance
Grades K-08
F
School for Exceptional Studies
0.8 mi | #344 of 346 | Score: 16.3
Improved 39 spots from last year
-41.9 below state avg
114 students Less Diverse
Rising School
Grades PK-12
C
Lawrence Family Development Charter School
0.8 mi | #255 of 352 | Score: 35.9
Dropped 54 spots from last year
-22.3 below state avg
920 students Less Diverse
Strong Attendance
Grades PK-08
B+
Community Day Charter Public School
1.1 mi | #126 of 352 | Score: 47.1
Dropped 13 spots from last year
-11.2 below state avg
1,198 students Less Diverse
Strong Attendance
Grades PK-08
D
Gerard A. Guilmette School
0.7 mi | #776 of 825 | Score: 30.7
Improved 11 spots from last year
-27.5 below state avg
506 students Less Diverse
Grades 01-04
James F Hennessey School
0.7 mi
290 students Less Diverse
Grades PK-02
Lawrence Early Childhood Center
0.8 mi
217 students Less Diverse
Grades PK-K
John Breen School
0.8 mi
240 students Less Diverse
Grades PK-K
M

Middle Schools

9 schools
C-
Guilmette Middle School
0.7 mi | #299 of 352 | Score: 31.8
Dropped 17 spots from last year
-26.5 below state avg
451 students Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.7 mi
Grades 05-08
Esperanza Academy
0.8 mi
Grades 05-06
F
Oliver Middle School
0.9 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students Less Diverse
Grades 05-08
B+
Spark Academy
0.9 mi | #6 of 16 | Score: 36.3
Improved 270 spots from last year
-21.9 below state avg
570 students Less Diverse
Rising School
Grades 05-08
D
Alexander B Bruce School
0.9 mi | #330 of 352 | Score: 28.1
Dropped 6 spots from last year
-30.1 below state avg
431 students Less Diverse
Grades 03-08
C-
Frost Middle School
1.0 mi | #304 of 352 | Score: 31.3
Improved 21 spots from last year
-26.9 below state avg
474 students Less Diverse
Rising School
Grades 05-08
C-
Arlington Middle School
1.4 mi | #313 of 352 | Score: 30.5
Improved 36 spots from last year
-27.7 below state avg
509 students Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
1.7 mi | #290 of 352 | Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students Less Diverse
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
1.0 mi | #223 of 346 | Score: 66.7
Same rank as last year
105 students Less Diverse
College Ready Curriculum
Grades 06-12
B
High School Learning Center
0.2 mi | #172 of 346 | Score: 71.1
Same rank as last year
158 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
0.8 mi | #182 of 346 | Score: 69.9
Same rank as last year
133 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.0 mi | #270 of 346 | Score: 45.3
Improved 37 spots from last year
-12.9 below state avg
3,280 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
1.0 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $159
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Total principal paid $0
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Payment Over Time

Interest
Principal
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

32-34 S Broadway, Lawrence MA 01844

Lawrence, MA 01844

Listing Information

Listing Agent Johan Lopez
Listing Office Home Shop Properties, Inc.
Office Phone 978-655-3016
Agent MLS ID G8000671
Office MLS ID AC0594
Listing Data Updated Sep 6, 2026 12:04 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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