147-155 Jackson St, Lawrence, MA 01841

Studio, 2,664 sqft
For Sale
$179,900
Price cut: -$19,100
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Our subject property is a 2600 sq.feet retail building. The property is located in a high traffic location and high foot traffic location. The surrounding businesses around our subject property are numerous convenient stores, small restaurant and boutiques. The property is presently being used as a nightclub named the " Oasis Night Club" which has been in operational at this establishment for over 11 years. The property needs very little deferred maintenance if the current use remains the same. The property is well maintained on the exterior and interior. Tenant indicated to me that the property has updated electric, new heating system, security system, sprinkler system and currently has approval from the fire department to have 82 persons in the "night-club" at max capacity. Tenant is currently paying 2,000 per month. Liquor license does NOT transfer with the property. Real-Estate Only.  MoreLess
Facts
  • Lot: 2,700 sqft
  • Single Family
  • Built in 1920
  • 165 days on Zillow
  • Heating: Forced air
  • Last sold: Mar 2002 for $100,000
  • Price/sqft: $68
  • MLS #: 71626699
Construction
  • Roof type: Other
  • Structure type: Other
Other
  • Floor size: 2,664 sqft
  • Parcel #: M:0108 B:0000 L:0093
  • Unit floor #: 1
  • Zillow Home ID: 80623260
Home Values
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$330,357
+$4,202 Last 30 daysd
$251K
$406K
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$1,796/mo
+$84 Last 30 daysd
$1.2K
$2.5K
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Neighborhood for 147-155 Jackson Street

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Zillow predicts 01841 home values will rise 1.4% next year, compared to a 2.1% increase for Lawrence as a whole. Among 01841 homes, this home is 13.1% more expensive than the midpoint (median) home, but is priced 44.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 01841, the number of foreclosures waiting to be sold is 34.2% greater than in Lawrence, and 23.8% higher than the national average. This higher local number may prevent 01841 home values from rising as quickly as other regions in Lawrence.

Learn more about forecast calculations or 01841 home values.
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