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).
118-124 South Union St., Lawrence, MA, 01843
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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