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47-53 Central Ave

Lynn, MA 01901
$1,600,000
6,346 Living Area
  • Property Description
    Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central & Washington, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, a walk score of 90 and a dense surrounding population. This well-known property has been home to the iconic Cal's News for nearly 90 years, establishing a long-standing reputation and loyal customer base within the community. The building consists of two retail units: the left-side unit is owner-occupied by Cal's News, a tobacco, magazine, and lottery c-store, while the right-side unit is leased to a successful Latin Restaurant & Bar, providing stable rental income. Ideal for an owner-occupant seeking to operate their own business, expand an existing concept, or capitalize on the established location and customer traffic. Additional income is generated from a double-sided rooftop billboard. Latin restaurant is currently in a lease; contact the listing agent for additional information.
  • Highlights
    • Property Class: Commercial Sale
    • Status: Active
    • Year Built: 1900
  • Additional Details
    • Roof: Rubber
    • Zoning Description: Other (See Remarks)
    • Zoning: Cbd
  • Fees / Taxes
    • Tax Year: 2025
    • Taxes: $9,449

Location

47-53 Central Ave, Lynn, MA 01901

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Lillian Montalto Signature Properties. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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