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$ 800,000
Est. payment /mo
Active
52-56 Central Sq Lynn, MA 01901
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73466366
HOA Y/N false
Year Built 1890
Annual Tax Amount $7,567
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Located in the heart of 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 $2,200/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 Lynn's bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Boston's fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyer's representatives are strongly encouraged to conduct their own independent due diligence.
Location
State MA
County Essex
Zoning CBD
Direction Central Av to Central Square
Others
Senior Community false
Listed by Real Broker MA, LLC