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Est. Mortgage: $/month

Federal 30-year interest rate: 6.66% last updated on 2026-08-27

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420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840420 Common Street Lawrence MA 01840
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  • 11Bathrooms
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.
Listed by Coa Realty Group of Empire Real Estate™

Listing Sold by Empire Real Estate™

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Basic Information

  • Gross Income $292,500
  • Mls StatusSold
  • Parcel Number 4207095

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available, 440 Volts
  • Year Built1971

Property

  • Acreage0.22

Other

  • Date Listed10/22/2024
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Year 2024
  • Taxes$44,773

Basic Information

  • GO-List Price$3,600,000
  • MLS Number73305125
  • Modification Date09/12/2025
  • Purchase Contract Date06/24/2025
  • Sale Date09/11/2025
  • Sale Price$2,800,000

Property Information

  • Lot Size Square Feet 9,570
  • Lot Size Units Acres

Parking

  • Parking Spaces3

Rooms

  • Bathroom11

Location

  • Address420 Common Street
  • Building Number420
  • CountyEssex
  • StateMA
  • StreetCommon Street
  • TownLawrence
  • Zip01840

Legal

  • ZoningB3
  • Zoning Description Legal Conforming

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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