$775,000
52-56 Central Sq
Lynn, MA, 01901
Situated in prime downtown Lynn, this 3,000 sq ft turnkey commercial property offers immediate cash flow. It features two distinct spaces: a leased retail space providing consistent monthly income with potential for rent increases, and a fully-equipped restaurant with a full bar, 50 seats, and a liquor license, ideal for various dining concepts. A separate storage area is included. Just minutes from the commuter rail, luxury residential buildings, and a bustling downtown, this property benefits from high foot and car traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing areas, the property is also near the ocean, adding appeal for visitors and residents. With proximity to thriving neighborhoods, public beaches, and expanding commercial activity, this property is perfect for business owners seeking growth. Amazing opportunity for strong income, high visibility, and long-term value. Perfect for those looking to make a smart and profitable investment!
Property Details
Price:
$775,000
MLS #:
73317355
Status:
Active
Beds:
0
Baths:
2
Address:
52-56 Central Sq
Type:
Commercial
City:
Lynn
Listed Date:
Dec 4, 2024
State:
MA
Finished Sq Ft:
2,943
Total Sq Ft:
2,943
ZIP:
01901
Lot Size:
3,853 sqft / 0.09 acres (approx)
Year Built:
1890
Schools
Interior
Exterior
Financial
HOA Includes
Water, Sewer, Insurance
Tax Year
2024
Taxes
$7,000
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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Courtesy of eXp Realty. 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.
52-56 Central Sq
Lynn, MA
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