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You are here:
NEW
7 Photos
$5,800,000
Type: Mixed Use
Lease Type N/A
SQFT: N/A
Restrooms: N/A
Parking: N/A
49 Blanchard
Lawrence, MA 01843

Property Description

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.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73325705

Financial

  • Gross Annual Expenses: 105861
  • Gross Annual Income: 383128
  • Net Operating Income: 383128

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
01/13/2025New$5,800,000MLSPIN
10/10/2024Expired$5,800,000MLSPIN
08/29/2024Rented$675$2MLSPIN
08/29/2024Active$675$2MLSPIN
08/25/2024Extended$675$2MLSPIN
08/04/2024Active$5,800,000MLSPIN
07/31/2024Price Change$5,800,000MLSPIN
05/14/2024Active$6,200,000MLSPIN
05/10/2024New$6,200,000MLSPIN
02/17/2024Active$675$2MLSPIN
02/13/2024New$675$2MLSPIN
10/01/2023Expired$350MLSPIN
09/24/2023Expired$265MLSPIN
09/24/2023Expired$950MLSPIN
09/22/2023Temporarily Withdrawn$350MLSPIN
07/12/2023Rented$550$2MLSPIN
07/05/2023Under Agreement$550$2MLSPIN
06/23/2023Rented$1,100$2MLSPIN
06/14/2023Rented$2,800MLSPIN
06/01/2023Rented$350MLSPIN
06/01/2023Under Agreement$2,800MLSPIN
05/30/2023Active$350MLSPIN
05/26/2023New$350MLSPIN
05/26/2023Rented$550$2MLSPIN
03/27/2023Active$1,100$2MLSPIN
03/27/2023Active$2,800MLSPIN
03/27/2023Active$950MLSPIN
03/27/2023Active$265MLSPIN
03/27/2023Active$550$2MLSPIN
03/27/2023Active$350MLSPIN
03/23/2023New$350MLSPIN
03/23/2023New$950MLSPIN
03/23/2023New$265MLSPIN
03/23/2023New$550$2MLSPIN
03/23/2023New$1,100$2MLSPIN
03/23/2023New$2,800MLSPIN

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Map & Resources

Lawrence Catholic Academy

Private School, Grades: PK-8

0.22mi

Emily G Wetherbee School

Public Elementary School, Grades: K-8

0.27mi

CLASS, Inc.

Special Education, Grades: K-12

0.28mi

Carleen's

Restaurant

0.28mi

Lawrence Fire Department

Fire Station

0.02mi

McDermott Park

Municipal Park

0.22mi

Lindquist Playstead

Park

0.24mi

Riley Playground

Park

0.28mi

Pemberton State Park

State Park

0.31mi

South Lawrence Branch Library

Library

0.26mi

Kelley's Furniture

Furniture

0.37mi

CVS Pharmacy

Pharmacy

0.26mi

Seller's Representative: Fermin Group, Century 21 North East
MLS ID#: 73325705

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2025-01-13 16:15:00