118-124 South Union St. new

Lawrence,MA 01843

$ 2175000

- Bed

- Bath

5549 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,549 sqft

Price per Sqft $391

MLS Listing ID 73455751

Year Built 1900

Annual Tax Amount $17,771

Tax Year 2025

Lot Size 0.440 Acres

Property Description

Turnkey Restaurant & Real Estate Opportunity in Lawrence, MA! Bell Tower CRE 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.

Location

State MA

County Essex

Zoning B2

Exterior

Utilities Available Natural Gas Available

Roof Type Asphalt/Composition Shingles

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