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$465,000
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Property Description
This property is in Lawrence's OPPORTUNITY ZONE! Opportunity zones reduce capital gains taxes for individuals and businesses who invest in qualified opportunity zones. Take advantage of US Tax Cut and Jobs Act of 2017 and get investment incentives! Nothing like this on the market right now! Charming, Brick, 3 story free standing office building in downtown area. 3 floors of office space. 1st and 2nd levels have reception area, 3 separate offices/conference rooms(2 with fireplaces), kitchen area(1st only) and a bathroom. 3rd level has reception area, 2 offices and a bathroom. Close to everything Lawrence! Was used for years as a lawyer's office which was a perfect use given it's location. Half a block to City Hall, 2 blocks to the Police Station, 2 block to the Post Office, 2 blocks to District Court, 4 blocks to the Registry of deeds. Potential to rent each level out, rent out individual offices, office share situation or convert to office condos with proper approvals.
Full Property Details
Full Property Details for 261 Common St
General
- Sold For: $465,000
- Taxes: $10,168 (2020)
- Status: Closed
- Type: Industrial
- Source: MLSPin
- MLS ID: 72702704
- Added to Site: 2, 008 day(s) ago
Parking
- Parking: 1-10 Spaces, Paved Driveway, On-Site Parking
Location
- County: Essex
Structural Information
- Construction: Brick
- Square Feet: 4,608
- Year Built: 1977
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,305
- Zoning: Legal Conforming
Financial Considerations
- Tax Amount: $10,168
- Tax Year: 2020
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Schools
Schools serving 261 Common St
School District:Lawrence School District
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 261 Common St
Date
Details
Price
Change
Source
2/26/2021
Sold
$465,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
261 Common St, Lawrence, MA 01840 (MLS# 72702704) is a Industrial property that was sold at $465,000 on February 26, 2021. Want to learn more about 261 Common St? Do you have questions about finding other Industrial real estate for sale in Lawrence? You can browse all Lawrence real estate or contact a Coldwell Banker agent to request more information.

