$1,600,000
47-53 Central Ave
Lynn, MA, 01901
Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central & Washington, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, a walk score of 90 and a dense surrounding population. This well-known property has been home to the iconic Cal’s News for nearly 90 years, establishing a long-standing reputation and loyal customer base within the community. The building consists of two retail units: the left-side unit is owner-occupied by Cal’s News, a tobacco, magazine, and lottery c-store, while the right-side unit is leased to a successful Latin Restaurant & Bar, providing stable rental income. Ideal for an owner-occupant seeking to operate their own business, expand an existing concept, or capitalize on the established location and customer traffic. Additional income is generated from a double-sided rooftop billboard. Latin restaurant is currently in a lease; contact the listing agent for additional information.
Property Details
Price:
$1,600,000
MLS #:
73531957
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Jun 8, 2026
Finished Sq Ft:
6,346
Total Sq Ft:
6,346
Lot Size:
3,572 sqft / 0.08 acres (approx)
Year Built:
1900
Schools
Interior
Exterior
Roof
Rubber
Financial
Tax Year
2025
Taxes
$9,449
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in Lynn as of Jun 20, 2026
10
Commercial Listed
56
Avg DOM
276
Avg $ / SqFt
$1,831,479
Avg List Price
Community
- Address47-53 Central Ave Lynn MA
- CityLynn
- CountyEssex
- Zip Code01901
Subdivisions in Lynn
Similar Listings Nearby
Property Summary
- 47-53 Central Ave Lynn MA is a Commercial for sale in Lynn, MA, 01901. It is listed for $1,600,000 To schedule a showing of MLS#73531957 at 47-53 Central Ave in Lynn, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Lillian Montalto Signature Properties. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
47-53 Central Ave
Lynn, MA