52-56 Central Sq, Lynn, MA 01901
52-56 Central Sq, Lynn, MA 01901
52-56 Central Sq, Lynn, MA 01901
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$800,000
Est. payment /mo
3,920 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73466366

HOA Y/N false

Year Built 1890

Annual Tax Amount $7,567

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Located 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 $2,300/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. Landlord pays $1700/m condo fee.

Location

State MA

County Essex

Zoning CBD

Direction Central Av to Central Square

Others

Senior Community false

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Listed by Real Broker MA, LLC

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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52-56 Central Sq