$775,000
( $263.34Per Sq Foot )
 $4,160 est/mo Sourced by Back At You

52-56 Central Sq , Lynn, MA 01901

Lynn, MA 01901

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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!

Details

MLS#73317355
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site76
Listing Provided ByWilliam Raveis R. E. & Home Services | Sandra Andronic

Features

Bath(s)2
SQ Feet2,943
ZoningCBD
Acreage0.09

Market Activity 01901

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Learn More About This Property

StateMA
CountyEssex
CityLynn
Zip Code01901
AreaEssex
Listing VS Median (in 01901)
Price:
$775,000
low | high
Med:
$1,700
100% of Average
SqFt:
2,943
low | high
Med:
9,999
100% of Average
$ / SqFt:
$263
low | high
Med:
$0
100% of Average
On Site:
76
low | high
Med:
24.000000
100% of Average
Sourced by Back At You
Listing Updated: February 16, 2025 at 4:22:02 PM PST