49 Blanchard, Lawrence MA 01843

Lawrence, MA 01843

$5,800,000

Est. $35,297/month

1.28

Acres

1880

Year Built

44

Days on Market

Pending Listed Apr 10, 2025 • MLS# 73358022 Copied!

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About this home

Cash cow. Versatile Industrial, warehouse, office space consisting of over 50k sq feet of rentable building space in a classified OPPORTUNITY ZONE! Multiple loading docs. Possible partial seller financing. Good candidate for condo/residential conversion. Room for rent increase, currently at a 7.2 percent cap rate. Walking distance to the commuter rail and public transportation.

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Property Overview

Listing Type

Commercial Sale

Year Built

1880

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1880

Lot Size 1.28 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 None

Financial

Annual Tax $69,223

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1880

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:

Location

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Neighborhood

49 Blanchard, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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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

E

Elementary Schools

3 schools

Lawrence Catholic Academy

0.1 mi

Grades PK-08

CLASS, Inc.

0.3 mi

Grades K-12

C+

Emily G Wetherbee School

0.3 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

M

Middle Schools

3 schools

B+

Spark Academy

0.7 mi | #6 of 16 | Score: 35.8

Improved 245 spots from last year

-22.5 below state avg

443 students Less Diverse

Rising School

Grades 05-08

C-

Guilmette Middle School

0.8 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

Esperanza Academy

0.9 mi

Grades 05-06

H

High Schools

3 schools

B

High School Learning Center

0.3 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

C

Lawrence High School

0.8 mi | #270 of 346 | Score: 44.4

Improved 39 spots from last year

-13.8 below state avg

3,453 students Less Diverse

13 sports • 1,440 athletes

Early College Program Rising School Career Tech Programs College Ready Curriculum

Grades 09-12

B

Phoenix Academy Public Charter High School, Lawrence

0.9 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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All Subjects ELA Math Science

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $5,769

Homeowners Insurance $200

PMI (if <20% down) $0

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Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

Property Timeline

🏠

Listed for Sale

Apr 10, 2025

$5,800,000

Original listing

Agent: Fermin Group Office: Century 21 North East

🏠

Listed for Sale

Apr 10, 2025

$5,800,000

Original listing

Agent: Fermin Group Office: Century 21 North East

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
04/10/2025	🏠 Listed for Sale	$5,800,000	-	-	Original listing
04/10/2025	🏠 Listed for Sale	$5,800,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 10, 2025	New Listing Added	$5,800,000	—
Apr 10, 2025	New Listing Added	$5,800,000	—

Market Statistics

Days on Market

44 days

Price per Sq Ft

$—

Tax History

Year	Taxes	Assessment
2024	$69,223	—

Financial Details

Annual Property Tax

$69,223

Tax Year 2024

Listing Information

Listing Agent Fermin Group

Listing Office Century 21 North East

Agent MLS ID TM321052

Office MLS ID AN4356

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.