$1,495,000
19,473
Living Area
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Property Description
Value-add investment opportunity. ±19,473 SF mixed-use commercial property located on a corner parcel in Lynn, MA. The property includes a mix of automotive service bays, retail frontage, fitness/training space, warehouse/flex areas, and one residential unit. The current layout supports multiple tenants and uses, with potential to improve income through re-leasing, space reconfiguration, or operational efficiencies. Situated within Light Industrial (LI) zoning, the property allows for a range of commercial and industrial uses, making it suitable for both investors, owner-users, or possible redevelopment. Three overhead doors, fenced-in parking, and six separate meters. The asset offers in-place income with upside tied to lease-up, repositioning, or operational optimization. All information was obtained from the owner and public records; prospective buyers should perform their own due diligence. Offering Memorandum under development.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1873
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Additional Details
- Roof: Asphalt/Composition Shingles, Rubber
- Zoning Description: Legal Conforming
- Zoning: Li
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Fees / Taxes
- Tax Year: 2025
- Taxes: $19,351
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