Property Description
Great long term commercial investment opportunity to purchase the “GROUND LEASE” of a major pharmacy chain tenant in prime Lynn high traffic location. Current Walgreens occupant has 15 years remaining on their initial 50-year leasehold. This exceptional building built in early 1990’s sits on 26,794 sf. Total area of the building is approximately 9,227 sf. Recent Estate Appraisal completed on behalf of the family.
Features
- Disclosure:
- but because heat naturally rises
Additional Information
- Parking Spaces:
- 40
- Tax Year:
- 2025
- Status:
- Closed
- Zoning:
- B
- Orig Price:
- $2,500,000
- LEASE_TYPE:
- Ground Lease
- Waterfront:
- No
- MlsStatus:
- Sold
Address Map
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01904
- Longitude:
- W71° 2' 23.6''
- Latitude:
- N42° 29' 10.3''
Commercial Sale
290 Broadway, Lynn, Massachusetts
0.62 Acre
$2,500,000
Listing ID #73395633
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $2,500,000
- Year Built :
- 1994
- Lot Area :
- 0.62 Acre
- Listing ID :
- 73395633
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent