Property Description

CENTRAL BUSINESS DISTRICT ZONING – Outstanding development opportunity located in the heart of Lynn’s Central Business District. 8,577 sq. ft. footprint in the highly desirable CBD High-Density Residential District. This site is perfectly positioned for a multi-family redevelopment, with zoning that allows for conversion to apartments or condominiums by right. High-Density Zoning: “By-Right” in Massive Buildable Area. Vertical Potential: Height allowance up to 120 ft by right, with potential for more via special permit. Existing Structure: Solid 8,400 sq. ft. steel-frame industrial building with partially raised concrete floors. Reach out for prospective zoning report!

Features

Disclosure:: Laundry in Unit

Additional Information

Tax Year:: 2025
Status:: Active
Zoning:: R5
Orig Price:: $1,100,000
Waterfront:: No
MlsStatus:: Active

Address Map

City:: Lynn
State:: MA
County:: Essex
Postal Code:: 01901
Longitude:: W71° 3' 30.3''
Latitude:: N42° 27' 43.2''

Google Map

Commercial Sale

34-36 Farrar St, Lynn, Massachusetts

0.20 Acre

$1,100,000

Listing ID #73459110

Basic Details

Property Type :: Commercial Sale
Listing Type :: For Sale
Price :: $1,100,000
Year Built :: 1913
Lot Area :: 0.20 Acre
Listing ID :: 73459110

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Agent info

Robb Enterprises

Stephen E. Robb
View website
617-212-0251
srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.