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Properties

  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
  • 420 Common St, Lawrence, Massachusetts, ,Commercial Sale,For Sale,Common St,73305125
Property Description

Seize the opportunity to own a cornerstone property in the thriving Lawrence, MA Opportunity Zone. This three-story, steel-frame office building with striking glass facades, located at 420 Common St, is fully leased to the Commonwealth of Massachusetts for Northern Essex Community College. Ideally situated across from the Lawrence Post Office, the building is part of the college’s “Educational Campus.” In stellar condition, this property will be the crown jewel of any investors portfolio. It is fully occupied, with the tenant responsible for all maintenance, except HVAC, electrical servicing, and exterior upkeep, which fall under the owner’s responsibilities. The strong and reliable tenancy ensures the building’s structural integrity and consistent functionality.The 10-year lease, October 3, 2017 with scheduled increases of $10,000 per year in the final two years of the lease. This property performs month to month and year to year.

Additional Information
Parking Spaces:
3
Tax Year:
2024
Status:
Closed
Zoning:
B3
Orig Price:
$4,000,000
LEASE_TYPE:
Nnn
Waterfront:
No
MlsStatus:
Sold
Address Map
City:
Lawrence
State:
MA
County:
Essex
Postal Code:
01840
Longitude:
W72° 50' 4.4''
Latitude:
N42° 42' 24.3''
  • Google Map

Commercial Sale

420 Common St, Lawrence, Massachusetts

0.22 Acre
$3,600,000
Listing ID #73305125
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$3,600,000
Year Built :
1971
Lot Area :
0.22 Acre
Listing ID :
73305125
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information 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 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 set forth herein.

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