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52-56 Central Sq
Lynn, MA 01901

$800,000

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Listing Details

  • $800,000
  • MLS# 73466366
  • Type Commercial - Business
  • Status Active
  • 0.088 acres
    Lot Size
  • 1890
    Year Built

Listed By

Agency Name: Real Broker MA, LLC
Agent Name: Dmitriy Dribinskiy
Agency Phone: 774-314-9448

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


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...read more

Features

  • $7,567 Taxes
  • Built in 1890

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