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    20 Mount Vernon St Lynn, MA 01901

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    For Lease
    $1,800 /Mo ($30 SF/Yr)

    715 SF retail space next to Lynn MBTA station.

    Property size:
    715 SF
    Lot size:
    0.15 Acres

    Property Features for 20 Mount Vernon St

    General Information

    Size
    715 SF
    Lot size
    0.15 Acres

    Source: New England Realty Advisors LLC Agent Brad Carlson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Lynn Station

    Located at 20 Mount Vernon Street in Lynn, MA, this 715 square feet ground-floor retail space is available for lease. The suite includes access to a private bathroom and is situated directly next to the Lynn MBTA commuter rail station. The property is located in the Central Business District, which allows for several types of businesses due to the zoning regulations. A new mini split AC unit was installed within the past 2 years. Tenant is responsible for their own electric bill. Direct on-street parking is available next to the retail space. Lynn, Massachusetts, is located on the Atlantic coast just north of Boston. It is a dynamic city experiencing a significant revitalization, seamlessly blending its industrial heritage with a vibrant arts and cultural scene and a highly diverse community. Boasting miles of picturesque public beaches along the Lynn Shore Reservation and extensive green spaces like Lynn Woods, the city offers both urban amenities and easy access to natural beauty, all while providing excellent transportation links to downtown Boston via the MBTA Commuter Rail, making it an increasingly attractive and convenient place to live and work.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9415412
    Latitude
    42.4642217

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    FAQs

    What type of property is this?
    Retail space - 715 SF retail space next to Lynn MBTA station.
    Where is this retail space located?
    The property is located at 20 Mount Vernon St Lynn, MA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Directly next to the Lynn MBTA Commuter Rail station, providing **excellent transportation links**.; - Located in Lynn's Central Business District with many allowed uses for various businesses.; - **Ground-floor retail space with private bathroom.**
    (781) 334-8044
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Mount Vernon St Lynn, MA 01901
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