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    426 Boston St, Unit 1 Lynn, MA 01905

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    For Sale
    $699,986

    Commercial property with office and garage space in high-traffic area.

    Lot size:
    0.16 Acres

    Property Features for 426 Boston St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1935

    Source: United Brokers Agent Matt Tasgin

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

    Overview

    Versatile Commercial Property in Lynn

    This commercial property is located in Lynn, offering a private office space and a spacious garage. The property's flexible layout and location provide potential for various business ventures, including a workshop, auto service, creative studio, or storage facility. Situated in a vibrant, high-traffic area, the property is surrounded by restaurants, retail stores, and other local businesses. It offers visibility and accessibility for clients and customers. Street parking is available, along with one assigned parking spot. This property is suitable for entrepreneurs and established business owners looking to grow in a thriving community.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Abdiel's Auto Repair, S & S Auto Repair, Waab Mass Inspection Station, Thibedeau Auto Body, Phillips Glass Co

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9673857
    Latitude
    42.4661368

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with office and garage space in high-traffic area.
    Where is this auto shop located?
    The property is located at 426 Boston St, Unit 1 Lynn, MA.
    What is the asking price?
    The asking price for this property is $699,986.
    What are key features of this property?
    This property features: - Versatile commercial space ideal for workshop, auto service, studio, or storage.; - High-traffic location offering excellent visibility.; - Located in a vibrant area surrounded by restaurants, retail, and businesses.
    (857) 361-8584
    Request Owner's contact information
    426 Boston St, Unit 1 Lynn, MA 01905
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    Lynn, MA 01905
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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
    426 Boston St, Unit 1 Lynn, MA 01905
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