723-727 Summer St, Lynn, MA 01905
- $1,495,000
- 7
- BA
- 19,473
- SqFt
- List Price
- $1,495,000
- Days on Market
- 89
- Status
- ACTIVE
- MLS#
- 73511228
- Bathrooms
- 7
- Living Area
- 19,473
- Lot Size (Acres)
- 0.25
- Year Built
- 1873
Property Description
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.
/u.realgeeks.media/marcfiorerealestate/MARC_FIORE.LOGOpng.png)
Additional Information
- Taxes
- $19,351
Mortgage Calculator
Listing courtesy of Listing Agent: Faulkner Commercial Group from Listing Office: Keller Williams Realty.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.