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    163 Lewis St, Unit Lynn Lynn, MA 01902

    For Sale
    $260,000

    Turnkey Greek pizza and sub shop with loyal clientele.

    Property Features for 163 Lewis St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2010

    Source: United Brokers Agent Saad Eltaybany

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

    Overview

    Established Restaurant in High-Traffic Area

    Located in a high-traffic area of Lynn, this restaurant benefits from excellent visibility and strong foot and vehicle exposure. The established Greek pizza and sub shop has a loyal, repeat clientele. The current menu includes pizza, fresh salads, and a variety of subs. The turnkey setup, proven business model, and prime location make this an attractive opportunity for experienced operators and new entrepreneurs looking to enter the food service industry. The business earns over $14,000 weekly, with a base rent of $2,000.
    Location Intelligence

    Current Use by Public Records

    Shoreline Grill and Pizza Pizza Delivery

    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

    Harris Homemade Delights

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.93213
    Latitude
    42.4657149

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Greek pizza and sub shop with loyal clientele.
    Where is this restaurant located?
    The property is located at 163 Lewis St, Unit Lynn Lynn, MA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility and strong foot/vehicle exposure.; - Turnkey operation with a proven business model.; - Established business with a loyal, repeat clientele.
    (781) 629-2258
    Request Owner's contact information
    163 Lewis St, Unit Lynn 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
    163 Lewis St, Unit Lynn Lynn, MA 01902
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