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    70 Market St Lynn, MA 01901

    For Sale
    $1,899,000

    Two-story commercial building with restaurant, bar, and office space.

    Lot size:
    0.11 Acres

    Property Features for 70 Market St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    Source: Lokos Realty & Management Agent Julius Sokol

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

    Overview

    Downtown Lynn Commercial Building

    This two-story commercial building is located in downtown Lynn. The first floor houses a restaurant and bar. The second floor, previously used as a dental office for 20 years, is currently vacant. The building is situated adjacent to Zimmans. The restaurant space features high ceilings, large bathrooms, and a large basement with an additional 5000 square feet. The restaurant space is currently rented through May 31, 2030. The former dental office space, comprising 2237 square feet, is available for lease. The building includes a newer fire alarm system, a sprinkler system, and a roof that is under 10 years old. It also features separate water and sewer meters. The property is located in the Central Business District (CBD), which offers flexible zoning options.
    Insight Report Location Intelligence

    Current Use by Public Records

    Trio's Mexican Grill Restaurant

    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.

    Similar Places Nearby

    Difillipo's Brick Yard Bar & Grill, Lucille Wine Shop & Tasting Room, Pelican Pub & Grille, The Neal Rantoul Vault Theatre, Populus Tapas & Bar Lynn

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9491958
    Latitude
    42.4634509

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    FAQs

    What type of property is this?
    Bar - Two-story commercial building with restaurant, bar, and office space.
    Where is this bar located?
    The property is located at 70 Market St Lynn, MA.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: - Prime downtown Lynn location in the Central Business District (CBD) with flexible zoning.; - Existing restaurant with lease in place through 5/31/2030 provides immediate income.; - Well-maintained building with newer fire alarm, sprinkler system, and roof (under 10 years old).
    (781) 608-3057
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    70 Market St Lynn, MA 01901
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    Lynn, MA 01901
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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
    70 Market St Lynn, MA 01901
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