516 BROADWAY
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Location
516 BROADWAY
Mblu
192/ / 2/ /
Acct#
0192 0000 0002 A
Owner
516 BROADWAY REALTY LLC
Assessment
$3,108,400
PID
11136
Building Count
1
Legal Description
Location
Urban
Street/Road
Paved
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$2,279,300$829,100$3,108,400

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
Owner516 BROADWAY REALTY LLC
Co-Owner
Address525 ESSEX STREET
LAWRENCE, MA 01840
Sale Price$2,900,000
Certificate
Book & Page 16807/0004
Sale Date03/05/2021
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
516 BROADWAY REALTY LLC$2,900,000 16807/00040003/05/2021
CUBE MAN LLC$85,000 12975/02581U06/08/2012
PIPEVINE MMI REAL ESTATE LLC$17,580,510 12668/02771V10/26/2011
LAWRENCE/METHUEN PROPERTIES LLC$14,900,000 10667/00461V03/14/2007
MALDEN MILLS IND INC$0 04438/0057 02/15/1996

Building Information
Building 1 : Section 1
Year Built: 1870
Living Area: 59,758
Replacement Cost: $4,100,594
Building Percent Good: 52
Replacement Cost
Less Depreciation:
$1,966,100
Building Attributes
FieldDescription
Style:Office (Mill)
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseOffice Ind MDL-94
Total Rooms 
Total Bedrms00
Total Baths1
Bldg CondAverage
1st Floor Use:4000
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingLIGHT
Ceiling/WallCEIL & WALLS
Rooms/PrtnsLIGHT
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 59,758 59,758
   59,758 59,758

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LFT2LIFT-HEAVY1.00 UNITS$1,9001
SPR3DRY59758.00 S.F.$99,4001
LDL1LOAD LEVELERS2.00 UNITS$3,5001
OFFOFFICE FINISH5000.00 S.F.$62,4001
A/CAIR CONDITION5000.00 S.F.$7,5001

Parcel Information
Use Code4020
DescriptionOffice Ind MDL-96  
Deeded Acres2.74

Land
Land Use
Use Code4020
DescriptionOffice Ind MDL-96  
ZoneI2
Neighborhood980
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.74
Frontage0
Depth0
Assessed Value$829,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  65382.00 S.F.$73,0001
DCK2COM TYPE  3000.00 S.F.$65,5001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$2,279,300$829,100$3,108,400
2025$2,279,300$784,900$3,064,200
2024$1,948,100$751,400$2,699,500

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