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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 Commercial Real Estate Group is proud to present this rare opportunity to acquire a fully established restaurant business, including inventory and real estate. Mamajuana Restaurant & Lounge has been offering Latin Caribbean cuisine since 2019 with a strong reputation for exceptional service in a prime location.
The real estate consists of 5,549 SF of finished space on a 19,166 SF lot with ample parking for 40+ vehicles. The current owners designed and completed a full transformation of the property in recent years, including structural improvements, new siding and roofing, and high-quality interior finishes. Inside, the restaurant offers a fully equipped commercial kitchen, generous prep areas, two fully stocked bars, a performance stage, and a capacity for up to 500 patrons indoors, plus 240 guests on the outdoor patio.
This sale includes the real estate and all business inventory, including liquor license subject to City approval. Serious inquiries only. Please do not visit the business for a tour without a scheduled showing with the listing broker.
Bell Tower Commercial Real Estate Group is proud to present this rare opportunity to acquire a fully established restaurant business, including inventory and real estate. Mamajuana Restaurant & Lounge has been offering Latin Caribbean cuisine since 2019 with a strong reputation for exceptional service in a prime location.
The real estate consists of 5,549 SF of finished space on a 19,166 SF lot with ample parking for 40+ vehicles. The current owners designed and completed a full transformation of the property in recent years, including structural improvements, new siding and roofing, and high-quality interior finishes. Inside, the restaurant offers a fully equipped commercial kitchen, generous prep areas, two fully stocked bars, a performance stage, and a capacity for up to 500 patrons indoors, plus 240 guests on the outdoor patio.
This sale includes the real estate and all business inventory, including liquor license subject to City approval. Serious inquiries only. Please do not visit the business for a tour without a scheduled showing with the listing broker.
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
0.58
Lot Size
0.22 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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