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$2,175,000

  • For Sale
  • Active
  • Commercial
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Turnkey Restaurant & Real Estate Opportunity in Lawrence, MA! Bell Tower CRE Group presents a rare chance to acquire the Mamajuana Restaurant & Lounge business, the real estate, or both together. Established in 2019, Mamajuana is known for its Latin Caribbean cuisine and strong local reputation. The property offers 5,549 SF of finished space on a 19,166 SF lot with parking for 40+ vehicles. Recent upgrades include structural improvements, new siding and roofing, and high-end interior finishes. Features include a fully equipped commercial kitchen, prep areas, two full bars, a performance stage, indoor capacity for up to 500 guests, and an outdoor patio for 240. Sale includes all business inventory and the liquor license (subject to City approval).

Full Property Details for 118-124 S Union St

General

  • Price: $2,175,000
  • Taxes: $17,771 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73455751
  • Updated: 12/10/2025
  • Added to Site: 63 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 5,549
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.44

Financial Considerations

  • Tax Amount: $17,771
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Property is subject to an easement granting Lots 59 & 58 access over Lot 60 for deliveries, pickups, trash, utilities, drainage, and parking, including use by trucks or trailers.
  • Property ID: 820614202648

Listed by The Edge Group, Inc., Gary Sidell and Vladimir Saldana

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Listing agents

— 118-124 S Union St —

  • Gary Sidell

    The Edge Group, Inc.

  • Vladimir Saldana

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 118-124 S Union St

School District:Lawrence School District
NameGradesDistance
John Breen School
114 Osgood Street, Lawrence, MA 01841
K-0.3 mi
South Lawrence East Elementary School
165 Crawford Street, Lawrence, MA 01843
1-50.4 mi
Spark Academy
165 Crawford Street, Lawrence, MA 01843
6-80.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118-124 S Union St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Listed
$2,175,000
200%
MLS
8/01/2018
Sold
$725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118-124 S Union St

Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$986,400
10%
2024
100%
$895,700
19%
2023
100%
$754,100
15%
2023
100%
$655,700
—
2022
100%
$655,700
3%
2020
100%
$639,600
48%
2019
100%
$431,700
9%
2018
100%
$394,300
9%
2017
100%
$363,000
4%
2016
100%
$350,100
-1%
2015
100%
$355,200
3%
2014
—
$345,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 118-124 S Union St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by The Edge Group, Inc., Gary Sidell and Vladimir Saldana

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118-124 South Union St., Lawrence, MA 01843 (MLS# 73455751) is a Commercial property. 118-124 South Union St. is currently listed for $2,175,000 and was received on November 17, 2025. Want to learn more about 118-124 South Union St.? Do you have questions about finding other Commercial real estate for sale in Lawrence? You can browse all Lawrence real estate or contact a Coldwell Banker agent to request more information.

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