Amazing Investment Opportunity! Completely renovated in 2023, this turnkey five-unit property offers strong income potential and peace of mind for investors. Major improvements include a new roof, new siding, updated electrical systems, five new heating systems, five new water heaters, new windows, and numerous additional upgrades throughout. The property features an attractive unit mix consisting of three spacious three-bedroom apartments and two well-appointed two-bedroom apartments. Additional highlights include off-street parking, de-lead compliance certificates for all units, and low-maintenance ownership with significant capital improvements already completed. A rare opportunity to acquire a fully updated multifamily asset with excellent rental appeal and long-term investment value.
Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
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.
Attention Investors:Do not miss this remarkable opportunity to acquire a prime commercial property located in the vibrant heart of Lynn's rapidly expanding Arts and Entertainment District. This versatile building offers unparalleled potential, positioned just steps away from North Shore Community College, public transportation options, a variety of restaurants, and exciting entertainment venues.Ideal for a multitude of business ventures—including restaurants, cafés, retail shops, fitness studios, and office spaces—this property is surrounded by new residential developments, ensuring robust foot traffic. It features private parking, convenient access to additional free parking nearby, and excellent commuter accessibility.Seize this rare chance to invest in one of Lynn's most promising and dynamic locations. Your future success starts here!
Long standing furniture warehouse and store containing 29,600 s.f. of floor area plus a newly built storage basement. The site which is zoned IL, contains 38,501 s.f. of flat usable land. Currently, the owner leases outside storage space to four tenants totaling $6,200/month. The space is heated by gas Modine heaters. The building is fully sprinklered. This is a great opportunity to own a large amount of building square footage at a reasonable cost. The site also lends itself to redevelopment given that it is in an Opportunity Zone. Manufacturing, Light Industrial Use and Truck Parking are allowed by right. There is an electric lift to move inventory to the second level.
Established sub shop and local staple now available for sale in the heart of Lynn. Formerly home to the well-known Super Seven, a business that successfully operated for 54 years with a strong local reputation and loyal customer base. Now operating as Papa Jacks, this turnkey opportunity offers a fully equipped kitchen, seating area, and excellent visibility in a high traffic location with easy access to Saugus and U.S. Route 1. Sale includes furniture, fixtures, equipment, and owner-assisted transition. Ideal opportunity for an owner operator looking to step into an established location with proven history and strong community presence. Don’t let this gem pass you by.
Chic free standing building located on very busy Boston street with excellent visibility. great foot and car traffic! Corner lot Perfect for small business owners to owner occupy their own building and not pay rent! Excellent visibility with car and foot traffic You want to be where the action is? well here it is. Seller retiring and it's your opportunity to thrive ! One level space with full basement for storage Quite impressive! The space features an open floor plan, two half baths, a shower, and two separate rooms ideal for storage or a cosmetic/private treatment area. Enjoy nice ceiling height and the added benefit of a full basement. Great wide open space with ceilings fans & nicely cared for lowered ceilings . Recent improvements include a newer rubber roof and freshly painted exterior. Street parking only. Perfect for retail, office use, or service-based businesses It also once operated as a convenience store years back. Buyer to do due diligence on permited use
Value-add investment opportunity. ±19,473 SF mixed-use commercial property located on a corner parcel in Lynn, MA. The property includes a mix of automotive service bays, retail frontage, fitness/training space, warehouse/flex areas, and one residential unit. The current layout supports multiple tenants and uses, with potential to improve income through re-leasing, space reconfiguration, or operational efficiencies. Situated within Light Industrial (LI) zoning, the property allows for a range of commercial and industrial uses, making it suitable for both investors, owner-users, or possible redevelopment. Three overhead doors, fenced-in parking, and six separate meters. The asset offers in-place income with upside tied to lease-up, repositioning, or operational optimization. All information was obtained from the owner and public records; prospective buyers should perform their own due diligence. Offering Memorandum under development.
Excellent opportunity to own a successful Greek-style pizza restaurant in a prime location in Lynn, MA with strong visibility and steady customer traffic. Weekly sales average $15,000, with attractive base rent of $2,000 plus NNN. Very clean operation with updated equipment, offering a turnkey business with strong income potential.
This modern and meticulously updated, expansive commercial property offers a rare opportunity for business owners, investors, and entrepreneurs. Featuring three prime storefronts, expansive office space, and an extraordinary garage/workshop area featuring 20 ft ceiling height with 2 garage doors approximately 12 feet and 2 parking spots. 1 unit is owner-occupied, 2 other units are TAW. Whether you're looking for retail space, professional offices, or room for manufacturing and storage, this property has it all. With high visibility and strategic location, it is a perfect spot to grow your business.
GREAT Opportunity - GREAT Price in this Mixed-Use property. Second floor residential unit offers 3-4 bedroom and two full baths, large roof deck. Front-to-back store front, ample off street parking off of side street, garage. Interior sprinkler system, rent well below market. Large footprint provides many possibilities. HIGH visibility - HIGH traffic area - HIGH foot traffic! Don't miss this amazing investment!
Located in the heart of 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 $2,200/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 Lynn’s bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyer’s representatives are strongly encouraged to conduct their own independent due diligence.
Lynn is located in Massachusetts. Lynn, Massachusetts has a population of 100,233. Lynn is less family-centric than the surrounding county with 29.43% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Lynn, Massachusetts is $63,922. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Lynn is 36.3 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 47.7 inches per year, with 41.8 inches of snow per year.
