Lynn, Massachusetts, is a historic city that offers a unique opportunity to invest in industrial properties for sale. With its rich colonial history and diverse population, Lynn has evolved into a city with a strong economy, contemporary public art, and beautiful open spaces. Industrial properties in Lynn are a great investment opportunity due to the city's strategic location, infrastructure, and amenities. As a hub for industries such as tannery and shoe-making, Lynn has a strong foundation for industrial development. Additionally, the city's proximity to Boston and its access to major transportation facilities, including the MBTA Commuter Rail system and Boston's Logan International Airport, make it an attractive location for businesses. With its mix of racial and ethnic groups, Lynn offers a diverse workforce and a strong potential for growth.
With 4 industrial properties for sale in Lynn, there are plenty of options to choose from. These properties offer a range of characteristics, from modern facilities to historic buildings, and are suitable for various industrial uses. In addition to industrial properties, Lynn also offers other types of properties for sale, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Lynn provide ample space for storage and distribution, while land offers opportunities for development and growth. Apartment buildings and commercial real estate in Lynn cater to the city's diverse population and provide a range of housing and business options. Overall, Lynn is a great place to invest in industrial properties, with its unique blend of history, culture, and economic opportunities.
What is the average price per square foot for industrial properties in Lynn?
The average price per square foot for industrial properties in Lynn is $179 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Lynn, Massachusetts, as they impact the ease of doing business, accessibility to markets, and overall operational efficiency.
- Proximity to major transportation facilities, such as Lynn station on the Newburyport/Rockport Line of the MBTA Commuter Rail system, River Works station, and several MBTA bus routes, can increase industrial property values by providing convenient access to labor, suppliers, and customers.
- Easy access to highways, including U.S. Route 1, Massachusetts State Route 1A, Route 107, Route 129, and Route 129A, can also boost property values by reducing transportation costs and increasing the speed of goods movement.
- In addition, the city's ferry service to downtown Boston and proximity to Boston's Logan International Airport can further enhance industrial property values by providing connections to regional, national, and international markets.
