Lynn, Massachusetts, is an attractive destination for investors seeking to purchase a warehouse, with its rich history, diverse population, and contemporary public art scene. Warehouses in Lynn for sale offer a unique opportunity to tap into the city's industrial roots, which have evolved over time to accommodate a range of industries. As a significant hub for tanneries and shoe-making in the past, Lynn has a strong foundation for industrial activities, making it an ideal location for warehouse investments. The city's infrastructure, including transportation services like the MBTA Commuter Rail system and access to major highways, ensures easy connectivity and logistics. Additionally, Lynn's proximity to Boston and its international airport makes it an attractive location for businesses that require easy access to global markets.
With 2 warehouses for sale in Lynn, investors have a range of options to choose from. In addition to warehouses, Lynn also offers other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Lynn provide opportunities for businesses to establish a strong presence in the city, while land offers a blank canvas for development. Residential income homes in Lynn cater to the city's diverse population, and commercial real estate provides opportunities for businesses to establish a foothold in the city's growing economy. Overall, Lynn's unique blend of history, infrastructure, and economic diversity makes it an attractive destination for investors seeking to purchase a warehouse or explore other property types.
What are the key features investors look for in warehouses in Lynn?
When searching for warehouses in Lynn, investors typically look for properties that offer a strategic location, ample space, and convenient access to transportation infrastructure, with key features including:
- Average price per square foot of $129 USD and average size of 17,713 square feet, with some properties offering as much as 31,366 square feet of space.
- Easy access 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, as well as proximity to U.S. Route 1, Massachusetts State Route 1A, Route 107, Route 129, and Route 129A.
- A competitive market with 2 available listings, offering a range of options for investors to find the right property to suit their needs, with an average cap rate of.
What size warehouses are available to buy in Lynn?
When it comes to warehouses for sale in Lynn, you'll find a range of options, with average sizes around 17,713 square feet, and the largest available warehouse spanning 31,366 square feet, providing ample space for your business needs.
How much does it cost to buy a warehouse in Lynn?
When it comes to buying a warehouse in Lynn, Massachusetts, the cost can vary depending on the size and features of the property, but on average, you can expect to pay around $129 USD per square foot, with the average warehouse size being around 17,713 square feet, and the largest warehouse available being around 31,366 square feet, with an average cap rate of.
Currently, there are 2 warehouse listings available in Lynn, offering a range of options for buyers.
In addition to the purchase price, it's also important to consider the city's infrastructure and amenities, such as its proximity to major transportation routes, including U.S. Route 1, Massachusetts State Route 1A, Route 107, Route 129, and Route 129A, as well as its commuter rail system and ferry service to downtown Boston.
