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    431-433 Chatham St, Unit 2 Lynn, MA 01902

    For Sale
    Contact for pricing

    Spacious, renovated commercial unit on high-traffic street, suitable for retail.

    Lot size:
    0.10 Acres

    Property Features for 431-433 Chatham St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1900

    Source: Cameron Real Estate Group Agent Stephen Dixon

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

    Overview

    Renovated Commercial Unit For Sale

    This is a large, spacious commercial unit situated at street level on a high-traffic street. The unit has been newly renovated and offers high visibility and street traffic, along with ample parking. The layout includes two sides, a large back office, and a half bathroom. It is suitable for retail, office, or salon-type businesses. The owner is willing to accommodate small renovations to suit a tenant.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9417533
    Latitude
    42.4792013

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    FAQs

    What type of property is this?
    Retail space - Spacious, renovated commercial unit on high-traffic street, suitable for retail.
    Where is this retail space located?
    The property is located at 431-433 Chatham St, Unit 2 Lynn, MA.
    What is the asking price?
    The asking price for this property is $2,300.
    What are key features of this property?
    This property features: - Newly renovated commercial unit.; - High traffic street location with tons of visibility.; - Plenty of parking available.
    (781) 244-2853
    Request Owner's contact information
    431-433 Chatham St, Unit 2 Lynn, MA 01902
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    Lynn, MA 01902
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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
    431-433 Chatham St, Unit 2 Lynn, MA 01902
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