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Mamajuana Restaurant & Lounge 118-124 S Union St 5,549 SF Retail Building Lawrence, MA 01843 $2,175,000 ($391.96/SF)
EXECUTIVE SUMMARY
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).
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).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,549 SF
Building Class
C
Year Built
1900
Price
$2,175,000
Price Per SF
$391.96
Tenancy
Single
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.44 AC
Opportunity Zone
Yes
Parking
30 Spaces (4.62 Spaces per 1,000 SF Leased)
Frontage
60’ on Bailey St
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LAWR-000082-000000-000061 | Improvements Assessment | $746,500 |
| Land Assessment | $239,900 | Total Assessment | $986,400 |
PROPERTY TAXES
Parcel Number
LAWR-000082-000000-000061
Land Assessment
$239,900
Improvements Assessment
$746,500
Total Assessment
$986,400
CONTACTS
-
Gary Sidell -
Vlad Saldana -
Sonya Santorelli -
Bell Tower Commercial Real Estate Group
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Mamajuana Restaurant & Lounge | 118-124 S Union St
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