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.
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- LI
- Orig Price:
- $1,495,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01905
- Longitude:
- W71° 1' 22.2''
- Latitude:
- N42° 27' 32.8''
Commercial Sale
723-727 Summer St, Lynn, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,495,000
- Square Footage :
- 19,473 Sqft
- Year Built :
- 1873
- Lot Area :
- 0.25 Acre
- Listing ID :
- 73511228
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com