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52-56 Central Sq, Lynn, MA 01901

$800,000
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Active
MLS#73466366
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Located downtown Lynn, this 3,000 +sq. ft. turnkey commercial property offers immediate income and long-term potential. The sale includes 2 separate spaces: a leased retail currently rented month-to-month for $2,300/m, providing steady income with flexibility for future rent increases, and fully equipped restaurant leased at $4,000/month with a 2-year lease in place. Currently the restaurant includes full bar, seating for 50 guests, making it ideal for a variety of dining concepts. A separate storage area adds additional utility. Situated just minutes from the commuter rail, apartment buildings, and Lynns bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Bostons fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyers representatives are strongly encouraged to conduct their own independent due diligence. Landlord pays $1700/m condo fee.

52-56 Central Sq | MLS# 73466366

This commercial property located at 52-56 Central Sq, Lynn, MA 01901 is currently listed for sale with an asking price of $800,000. Search Lynn real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.09 Acres
Taxes: $7,567
Year Built: 1890

Feature Descriptions

Business Type: Commercial Condo
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 201
Parcel Number: M:068 B:626 L:002 S:001
Rental Term: Monthly

Listed By / Shown By

Listed By

Agency Name: Real Broker MA, LLC
Agent Name: Dmitriy Dribinskiy
Agency Phone: 855-450-0442

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