NE Provenance

550 Broadway

Lawrence, MA 01841

Mixed Use
Owner
Tri...
Owner Type
Partnership
Tenure
8 yrs
Assessed
$4,859,300
Built
1910
Sq Ft
30,720
Lot
2.27 ac
Bed/Bath
—
Type
Mixed Use
Elevated Risks24ConditionC2Fire GradeBPermits32Last PermitApr 2024FloodAE

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550 Broadway, Lawrence, MA 01841— Property Report

Building& Property Details

550 Broadway is a Apartment mixed use built in 1910 located in Lawrence, Essex County, MA. The building has 30,720 square feet of building area on a 2.27-acre lot.

Flood Zone & Natural Hazard Assessment

550 Broadway is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The FEMA National Risk Index composite rating for this area is Relatively Moderate. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 550 Broadway at Grade B (Strong fire protection access). The nearest fire station, LAWRENCE FIRE DEPARTMENT, is 0.2 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 32 building permits on file for 550 Broadway. The most recent permit was filed April 15, 2024. In the past five years, 13 permits have been issued. The current municipal assessment is $4,859,300, with $382,300 attributed to land and $4,477,000 to improvements. The property last sold on November 21, 2017 for $378,679.86. The deed history includes 4 recorded conveyances.

Environmental & Land Use

550 Broadway is classified as a waterfront property. The property is located within a designated historic district. Dam exposure is rated High.

LawrenceNeighborhood & Community

550 Broadway is located in Lawrence, Essex County, MA. The property is zoned I2 (General Industrial District). The median home value in this census tract is $441,700. Median household income is $44,126. The owner-occupancy rate in the surrounding area is 11%. The property is served by the Lawrence school district.

Full Property Intelligence Report

The complete NE Provenance report for 550 Broadway, Lawrence, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.