723-727 Summer Lynn MA 01905 MLS #73401733

723-727 Summer
Lynn, MA, 01905
$1,500,000
Beds
0 Baths
19,473 SqFt
0.25 Acres
$1,500,000
723-727 Summer
Lynn, MA, 01905
This is a mixed use building with a mix of commercial tenants as well as a one-bedroom apartment. Tenant mix consists of automotive, retail, boxing gym, roofing company, storage, and a 6000+ SF owner’s suite, which will be vacant upon the sale. The property is located in the Light Industrial zoning district, which allows for many different uses. This property has been owned by the same owner since 1983 and was used as his own engine and parts business for years. The rents are currently 50% below market rate, providing a tremendous amount of upside for an investor or owner-user who can utilize the vacant space for their business. There are three loading docks in the rear of the building with access to the owner’s suite. All interested parties will have the opportunity to obtain additional information upon request.

Property Details

Price:
$1,500,000
MLS #:
73401733
Status:
Active
Beds:
0
Baths:
0
Address:
723-727 Summer
Type:
Commercial
City:
Lynn
Listed Date:
Jul 9, 2025
State:
MA
Finished Sq Ft:
19,473
Total Sq Ft:
19,473
ZIP:
01905
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1873

Schools

Interior

Exterior

Parking Spots
5
Roof
Asphalt/ Composition Shingles, Rubber

Financial

Net Operating Income
$50,671
Tax Year
2025
Taxes
$19,351
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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