$1,000,000
12,125
Living Area
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Property Description
Ideally located on the North Side of Lynn near Salem and Swampscott in a heavily dense neighborhood setting on very busy Western Ave. This Mixed-Use Building is Currently being operated as a rug retail business on the first floor. So many potential uses with great visibility and traffic count. New Owner can convert first floor into multiple retail storefronts each with private bathrooms and access to basement use. Massive basement with exterior access to loading driveway and a single garage bay. Recent updates include roof, sewer line, and two hot water heaters. Some windows are boarded up to allow access to remove large equipment. Residential rental units located on the second floor with private entrances, a 3-bed and 1-bed rental (3 bedroom currently rented @ $2500/mo.) Possible space to add another unit between them. The basement is completely empty and cleaned out. Call the listing agent for additional information and to schedule a private showing.
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Highlights
- Parking Spots: 5
- Year Built: 1927
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Roof: Shingle
- Zoning Description: Other (See Remarks)
- Zoning: Bd
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Fees / Taxes
- Tax Year: 2023
- Taxes: $9,848
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Listing information provided courtesy of Lillian Montalto Signature Properties.
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