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Mixed-Use Office and Residential Building
For Sale
Contact for pricing
Pending

350 Broadway, Lynn, MA 01904

Front 3-room office space plus rear and second-floor residential units, with updated electrical and newer furnace.

Lot Size0.24 Acres
Days on Market114

Property Features for 350 Broadway

General Information

Standard status Pending
Lot size 0.24 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 2
Listing Agency: Berkshire Hathaway HomeServices Commonwealth Real Estate Somerville
Listed By: Jackie Veri · License #MA
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 1 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate Somerville

Investment Insights

Based on property information with market context.

This mixed-use building has been used since the 1970s with a 3-room office space at the front and a 3-room residential unit in the rear. The rear residential unit has its own separate entrance, and there is an additional 3-room unit on the second floor. The property features newer furnace, updated electrical, and a roof that is under 10 years old, and it has a long-standing rentals history.

In the current structure, the seller pays for gas while tenants pay their own electricity.

The offering notes that this property must be sold together with 352 Broadway (MLS #73094673). Buyers and agents are instructed to perform their own due diligence regarding the best use of these properties.

Key Highlights

  • Front 3‑room office space plus rear 3‑room residential unit with its own separate entrance
  • Second‑floor includes an additional 3‑room unit
  • Used continuously since the 1970s as a rental property with long‑standing rentals history

Property Analytics

Current Use

Century Realty Real Estate Agency

Suggested Use

Top Pick HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 01904, MA

19,944
Population
7,322
Households
2.7
Avg Household Size
40
Median Age
32%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
4,749
Density / Sq Mi
$100,597
Median Household Income
$49,561
Median Earnings
$1,742
Median Rent
$515,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Front 3-room office space plus rear and second-floor residential units, with updated electrical and newer furnace.
Where is this office units located?
The property is located at 350 Broadway Lynn, MA.
What are key features of this property?
This property features: Front 3‑room office space plus rear 3‑room residential unit with its own separate entrance; Second‑floor includes an additional 3‑room unit; Used continuously since the 1970s as a rental property with long‑standing rentals history
More about this property
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