Warehouses for sale in Lawrence, Massachusetts, offer a unique investment opportunity in a city with a rich history as a former textile center. With a population of approximately 90,000, Lawrence has a diverse manufacturing industry producing electronic equipment, textiles, footwear, paper products, computers, and foodstuffs. Warehouses in Lawrence can represent a range of investments, from industrial properties for manufacturing and distribution to storage facilities for various industries. The city's infrastructure, including Lawrence General Hospital, the Lawrence Correctional Alternative Center, and its own police and fire departments, makes it an attractive location for businesses. Additionally, Lawrence is situated near major transportation facilities, including Interstate 495, Route 28, Route 110, and Route 114, making it an ideal location for warehouses that require easy access to transportation routes. The city's geography, with the Merrimack River running through it, also provides a unique opportunity for warehouses that require waterfront access. Overall, Lawrence is a great place to invest in a warehouse, with its diverse economy, convenient location, and rich history.
Lawrence is home to 1 warehouses for sale, offering a range of options for investors. The average price per square foot for warehouses in Lawrence is $116 USD, with an average size of 50,042 square feet. The largest warehouse available is 50,042 square feet, providing ample space for businesses that require a large storage facility. In addition to warehouses, Lawrence also offers industrial properties, land, residential income homes, and commercial real estate for sale. Industrial properties in Lawrence are ideal for manufacturing and distribution, while land is available for development. Residential income homes provide a unique opportunity for investors to generate passive income, and commercial real estate offers a range of options for businesses. Overall, Lawrence provides a diverse range of investment opportunities, making it an attractive location for businesses and investors alike.
What are the key features investors look for in warehouses in Lawrence?
When searching for warehouses in Lawrence, investors typically look for properties that offer a strategic location, convenient access to major transportation routes, and a range of amenities to support their business operations. Some key features they consider include:
- Proximity to Interstate 495, Route 28, Route 110, and Route 114, as well as the Senator Patricia McGovern Transportation Center and the Lawrence stop along the Haverhill/Reading Line of the MBTA Commuter Rail system, to facilitate easy transportation of goods and employees.
- Availability of utilities, such as water, electricity, and gas, as well as access to public works and trash pickup services, to support the daily operations of their warehouse.
- Average cap rate of , average price per square foot of $116 USD, and average size of 50,042 square feet, as well as options for larger spaces up to 50,042 square feet, to accommodate their specific business needs.
With 1 available listings of warehouses in Lawrence, investors have a range of options to choose from to find the perfect property that meets their requirements.
What size warehouses are available to buy in Lawrence?
Warehouses for sale in Lawrence, Massachusetts, range in size from 50,042 square feet to 50,042 square feet, with an average price per square foot of $116 USD and an average cap rate of , offering a variety of options for businesses and investors looking to establish a presence in this industrial hub.
How much does it cost to buy a warehouse in Lawrence?
When it comes to buying a warehouse in Lawrence, Massachusetts, you can expect to pay an average of $116 USD per square foot, with the average warehouse size being around 50,042 square feet, and the largest available warehouse spanning 50,042 square feet, with an average cap rate of , and with 1 available listings to choose from.
