List Search

52-56 Central Sq
Lynn, MA 01901 Downtown Lynn

$775,000 USD

Apartments Condo For Sale  •  2,943 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,840 SF
  • Lot Size 0.09 AC
  • Building Class B
  • Year Built 1890
  • Zoning CBD
48 Transit Score
94 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit First Fl Retail 2,943 SF $775,000 USD
  • Unit Size: 2,943 SF
  • Condo Use: Retail
  • Price: $775,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $263.34 USD
Description
Situated in prime downtown Lynn, this 3,000 sq ft turnkey commercial property offers immediate cash flow. It features two distinct spaces: a leased retail space providing consistent monthly income with potential for rent increases, and a fully-equipped restaurant with a full bar, 50 seats, and a liquor license, ideal for various dining concepts. A separate storage area is included. Just minutes from the commuter rail, luxury residential buildings, and a bustling downtown, this property benefits from high foot and car traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing areas, the property is also near the ocean, adding appeal for visitors and residents. With proximity to thriving neighborhoods, public beaches, and expanding commercial activity, this property is perfect for business owners seeking growth. Amazing opportunity for strong income, high visibility, and long-term value. Perfect for those looking to make a smart and profitable investment!

Sale Notes
Prime Commercial Property in Downtown Lynn - Turnkey Investment Opportunity. Existing Restaurant and Retail space (Leased).

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Lynn (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 1 min 2 min 0.1 mi
Swampscott (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 3 min - 2.0 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 17 min - 9.2 mi
Selcuk Gokaltun 617-852-9892 William Raveis R.E. & Home Services
Selcuk Gokaltun 617-852-9892 William Raveis R.E. & Home Services