62 Nahant St. located in Lynn’s Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage. Recent improvement to the building includes a new spiral staircase for egress from the 2nd and 3rd floor. The tenants are all TAW and pay weekly or monthly depending on their in place agreements with ownership. Ownership is willing to seller finance the sale of the property. Terms to be negotiated.
Attention developers, contractors and investors. Rare mixed-use opportunity in the heart of Lynn — two income streams, one address. 138 Marianna Street offers a 2-bedroom, 1-bath residential unit currently rented at $2,075/month (can be delivered vacant) and a ground-floor commercial space occupied by an active barber shop at $800/month. The property sits on a urban lot in an established Lynn neighborhood with proximity to the MBTA Commuter Rail, downtown Lynn amenities, and Route 1. Ideal for a developer looking for potential redevelopment, investor seeking immediate cash flow or an owner-occupant who wants rental and commercial income to offset carrying costs.
Swampscott/Lynn Line! Located At 20 Melvin Avenue, This Commercial Property Offers Excellent Potential For Investors, Developers, Or Owner-Occupants. Currently Used As A Retail Space, It Is Well Suited For A Variety Of Uses Including Retail Storefront, Professional Office, Salon, Barber Shop, Or Other Service-Based Business.The Property Benefits From Strong Visibility, Convenient Access, And A Desirable Location Near The Swampscott Line With Easy Access To Surrounding Residential Neighborhoods. In Addition, The Property Has Received Approval From The Lynn Zoning Board Of Appeals For Residential Development, With Approved Architectural Plans Available For A New Single-Family Home. Conveniently Located Near Shopping, Restaurants, Public Transportation, Beaches, And Major Commuter Routes, This Property Offers Strong Flexibility And Long-Term Value. Whether Continuing Its Current Use, Starting A New Business, Or Pursuing Residential Development!
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.
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.
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.
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.
