212 Broad StLynn, MA 01901

Property Details for 212 Broad St

Year built

1920

Construction

STEEL FRAME

Lot size

0.17 AC

Property size (Sq ft)

4,844 SF

Zone code

CBD

Property type

Retail space

APN

LYNN M:082 B:592 L:005

APU

LYNNM082B592L005

Description

This exceptional 4,844 square foot single-story warehouse is ideally situated at 212-218 Broad Street, Lynn, MA. Located adjacent to North Shore Community College and just one block north of Route 1A (Lynnway), this property offers unparalleled accessibility and visibility. The building sits on a 12,600 square foot lot and features ample parking with 35 spaces, including both on-street and off-street options. The property is zoned commercial and is currently vacant, presenting a unique opportunity for a variety of uses. The building boasts gas-fired heat and central air conditioning, ensuring year-round comfort. Utilities are the responsibility of the tenant, including heat, gas, electricity, water, and sewer. This versatile space is perfect for a warehouse, distribution center, or other commercial enterprise seeking a prime location with convenient access to major transportation routes and a thriving community. The single-tenant occupancy provides a straightforward and efficient operational environment. Don't miss this chance to secure a highly desirable commercial property in a rapidly developing area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,177,261

  6.5%

  $1,086,702

  7%

  $1,009,081

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,594,951

  Geo Method

  $1,594,951

• Alternative Use

  Use

  Valuation

  Residential

  $916,674

  Hospitality

  $839,669

  Educational

  $698,594

  Medical

  $722,620

  Retail

  $1,086,702

Location Insight

City

Lynn

County

Essex

State

Massachusetts

Latitude

42.4623

Longitude

-70.9424

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].