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364 Haverhill St - Adaptive Reuse or Redevelopment Opportunity 37,923 SF Specialty Building Offered at $975,000 in Lawrence, MA 01840
Investment Highlights
- Landmark Church built in 1903.
- Prominent corner location in Lawrence.
- Potential for multifamily, institutional, educational, nonprofit, or other income-producing uses (subject to approvals).
- 12,942± SF building on 0.40± acres.
- Adaptive reuse/redevelopment opportunity.
- Value-add investment requiring significant renovations.
Executive Summary
Faulkner Commercial Group is pleased to present this rare opportunity to acquire one of Lawrence's grand, landmark church properties, offering exceptional adaptive reuse potential.
Built in 1903, this 12,942± SF masonry structure occupies a prominent corner location on approximately 0.40 acres in a densely populated neighborhood.
The property presents an outstanding redevelopment opportunity for religious or institutional use, multifamily residential conversion, cultural arts, education, nonprofit, or other income producing uses, subject to municipal approvals. Significant capital improvements should be anticipated, including building systems, accessibility, and structural modernization.
The property is being offered for its redevelopment potential rather than its current condition. There is no deeded off-street parking.
Buyers are responsible for all due diligence regarding zoning, permitted uses, parking requirements, and redevelopment feasibility.
Built in 1903, this 12,942± SF masonry structure occupies a prominent corner location on approximately 0.40 acres in a densely populated neighborhood.
The property presents an outstanding redevelopment opportunity for religious or institutional use, multifamily residential conversion, cultural arts, education, nonprofit, or other income producing uses, subject to municipal approvals. Significant capital improvements should be anticipated, including building systems, accessibility, and structural modernization.
The property is being offered for its redevelopment potential rather than its current condition. There is no deeded off-street parking.
Buyers are responsible for all due diligence regarding zoning, permitted uses, parking requirements, and redevelopment feasibility.
Property Facts
| Price | $975,000 | Lot Size | 0.40 AC |
| Price Per SF | $25.71 | Building Size | 37,923 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1903 |
| Property Subtype | Religious Facility | Parking Ratio | 0.44/1,000 SF |
| Building Class | B | ||
| Zoning | R2 - Two-Family Residential District | ||
| Price | $975,000 |
| Price Per SF | $25.71 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 37,923 SF |
| No. Stories | 2 |
| Year Built | 1903 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | R2 - Two-Family Residential District |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | LAWR-000167-000000-000071 | Improvements Assessment | $689,100 |
| Land Assessment | $229,700 | Total Assessment | $918,800 |
Property Taxes
Parcel Number
LAWR-000167-000000-000071
Land Assessment
$229,700
Improvements Assessment
$689,100
Total Assessment
$918,800
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364 Haverhill St - Adaptive Reuse or Redevelopment Opportunity