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195 Chestnut St Lynn, MA 01902

For Sale
$875,000

High-traffic corner location with multiple uses and income potential.

Lot size:
0.09 Acres

Property Features for 195 Chestnut St

General Information

Lot size
0.09 Acres

Building Details

Year built
1940

Source: Coldwell Banker Realty - Marblehead Agent Albert Lane

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


Overview

Commercial Building in Downtown Lynn

This commercial building is situated on a high-traffic corner location in downtown Lynn, presenting various opportunities. The property is currently configured to accommodate multiple uses. One side of the building features a two-bay garage equipped with lifts, operating as an established auto repair shop with a lease in place. The other side includes an office and restroom, providing access to a large, fenced parking lot with 17 spaces and a large gate for maneuvering vehicles; this section is currently used as a used car dealership. The auto repair shop is located on the Essex Street side, while the dealership and parking area are on the Chestnut Street side of the building. The premises could be repurposed for other commercial uses such as a base property for a contractor, light manufacturing, office, or retail establishment.
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

Autoglass Anytime of Lynn, Reynolds Auto Repair, Luxury Auto Services, S & H Auto Repairs, Melo's Tire And Auto Service

Location Insight

  • Map
  • Local Demand
City
Lynn
County
Essex
State
Massachusetts
Longitude
-70.938418
Latitude
42.471224

FAQs

What type of property is this?
Auto shop - High-traffic corner location with multiple uses and income potential.
Where is this auto shop located?
The property is located at 195 Chestnut St Lynn, MA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: - High-traffic corner location in downtown Lynn offers multiple commercial uses.; - Established auto repair shop with a lease in place provides immediate income.; - Large, fenced parking lot with **17 spaces** and a large gate suitable for vehicle maneuvering.
More about this property
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