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$6,499,000
Est. payment /mo
10,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $618
MLS Listing ID 73590660
HOA Y/N false
Year Built 1915
Tax Year 2026
Lot Size 1.230 Acres
Acres 1.23
Property Description
Rare Waterfront Investment & Redevelopment Opportunity | Adjacent to Lynn Ferry to Boston | 364–370 Lynnway, Lynn, MA 01901 I Commercial Investment Property For Sale. Exceptional opportunity for investors seeking to expand their commercial real estate portfolio in Lynn's established Lynnway commercial corridor. Situated on approximately 1.23 acres, this two-story, approximately 21,000 SF office property offers a substantial commercial footprint with potential for long-term income generation, asset appreciation, and value-add strategies. The property's multi-tenant configuration presents opportunities for diversified rental income, tenant retention, and future leasing strategies. Investors may explore opportunities to enhance property performance through strategic management, lease optimization, capital improvements, and potential repositioning, subject to existing lease agreements, market conditions, and municipal approvals. Strategically located along the highly traveled Lynnway, the property benefits from prominent visibility, convenient access to downtown Lynn, surrounding North Shore communities, and Greater Boston. Its proximity to established businesses, waterfront amenities, and major transportation routes supports its appeal as a commercial investment location. With approximately 71 parking spaces and a sizable lot, the property offers practical amenities for existing and prospective commercial tenants.
Location
State MA
County Essex
Zoning WF1A
Direction Please use GPS to navigate from your location.
Others
Senior Community false
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Listed by eXp Realty LLC - Corporate Office
NEARBY SCHOOL & BUSINESS
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