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$ 775,000
Est. payment /mo
Active
52-56 Central Sq Lynn, MA 01901
2,943 SqFt
UPDATED:
12/08/2024 08:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,943 sqft
Price per Sqft $263
MLS Listing ID 73317355
HOA Y/N true
Year Built 1890
Annual Tax Amount $7,000
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property 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!
Location
State MA
County Essex
Zoning CBD
Direction Please use GPS
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Others
Senior Community false
Listed by William Raveis R. E. & Home Services