49 Blanchard, Lawrence, MA 01843
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$5,800,000
Type: Mixed Use
Lease Type N/A
SQFT: N/A
N/A Restrooms
Parking: N/A

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 Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73358022

Financial

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

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/14/2025Active$5,800,000MLSPIN
04/10/2025New$5,800,000MLSPIN
04/09/2025Expired$5,800,000MLSPIN
01/17/2025Active$5,800,000MLSPIN
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$950MLSPIN
09/24/2023Expired$265MLSPIN
09/22/2023Temporarily Withdrawn$350MLSPIN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$2,800MLSPIN
03/27/2023Active$950MLSPIN
03/27/2023Active$265MLSPIN
03/27/2023Active$1,100$2MLSPIN
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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Seller's Representative: Fermin Group, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-14 03:05:00