723-727 Summer Street Pl Lynn, MA 01905
Multi-tenant commercial building with vacant owner's suite in Lynn.
Property size:
19,473 SFProperty Features for 723-727 Summer Street Pl
General Information
- Size
- 19,473 SF
Building Details
- Year built
- 1873
Source:
Nerealtyadvisors
Listing Agent: Brad Carlson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Summer Street Mixed Use Property
Located at 723-727 Summer Street in Lynn, MA, this mixed-use property features a combination of commercial tenants and a one-bedroom apartment. The tenant mix includes automotive, retail, a boxing gym, a roofing company, and storage. A 6000+ SF owner's suite will be vacant upon sale. The property is situated in a Light Industrial zoning district, accommodating various uses. There are three loading docks at the rear of the building providing access to the owner's suite. The property has been under the same ownership since 1983, previously serving as an engine and parts business. The rents are currently below market rate. 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.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.965398
- Latitude
- 42.459391
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Multi-tenant commercial building with vacant owner's suite in Lynn.
Where is this flex space located?
The property is located at 723-727 Summer Street Pl Lynn, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Vacant 6000+ SF owner's suite provides immediate opportunity for owner-user or investor.; - Rents are currently 50% below market rate, offering significant upside potential.; - Located in the Light Industrial zoning district, allowing for diverse uses.