For Sale
$775,000

Central Sq Lynn, MA 01901

Turnkey property with retail & restaurant

Overview

Added:
Feb 3
Days on market:
79
This exceptional commercial property, situated in the heart of downtown Lynn, Massachusetts, presents a unique investment opportunity. Spanning 3,000 square feet on a 0.09-acre lot, this turnkey operation offers immediate cash flow potential. The property comprises two distinct income-generating spaces. First, a leased retail space provides a consistent monthly income stream, with the potential for future rent increases. Secondly, a fully equipped restaurant with a full bar, seating for 50 patrons, and an active liquor license is ready for immediate operation or re-conceptualization. A separate storage area adds to the property's functionality and versatility. Its prime location in Central Square places it within minutes of the commuter rail, numerous luxury residential buildings, and the vibrant downtown core, ensuring high foot and vehicular traffic for optimal visibility. This rapidly developing area of Greater Boston benefits from proximity to the ocean, attracting both residents and tourists. The surrounding neighborhoods are thriving, with expanding commercial activity and easy access to public beaches. This property is ideally suited for savvy investors seeking strong income, high visibility, and long-term appreciation in one of the fastest-growing areas of Greater Boston. The combination of a stable retail tenant and a fully equipped restaurant presents a compelling opportunity for significant return on investment.

Property Details for Central Sq

Property type
Commercial real estate
Year Built
1890
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Lynn
County
Essex
State
Massachusetts
Latitude
42.4615
Longitude
-70.9471

FAQs

What type of property is this?
Commercial real estate - Turnkey property with retail & restaurant
Where is the commercial real estate located?
The property is located at Central Sq Lynn, MA.
What is the asking price?
The asking price for this property is $775,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Central Sq
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message