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Second-Floor Office Unit

20 Central Ave 205, Lynn, MA 01904

For Lease
$800/Mo

The suite can be arranged as two separate offices or as reception space with a private office.

Space Size332 SF
Days on Market17

Property Features for 20 Central Ave 205

General Information

Standard status Active
Size 332 SF
Net Rentable 332 SF
Property subtype Commercial

Space & Availability

Available Space 332 SF
Contiguous Space 332 SF
Floor 2
Space Use Office
Condition Turnkey
Available From Immediate

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $89,285

Amenities

bathrooms
kitchenette

Building Details

Building Size 332 SF
Year Built 1913
Listing Agency: The Drumlin Group Inc.
Listed By: Jacob VanMeter
Source: Elliman
Added: Oct 23 Changed: Nov 7 Last Checked: Nov 7 at 6:36PM

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 The Drumlin Group Inc.

Rey
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Investment Insights

Based on property information with market context.

This 332-square-foot office suite occupies the second floor of a secure, professionally managed building constructed in 1913. Its layout supports either two individual offices or a reception area paired with a private office. The floor also has multiple bathrooms and a kitchenette, with ADA-compliant space available.

The property is on Central Avenue in downtown Lynn, near the Commuter Rail and public parking. The unit is available for immediate occupancy.

Key Highlights

  • 332 square feet on the building’s second floor
  • Two‑office layout or reception area with private office
  • ADA‑compliant space, multiple bathrooms and a kitchenette on the floor

Property Analytics

Current Use

Kayleigh O'hara Counselor Joanne Connolly Physician Sublime Construction Corp. Construction Company Lucy Panoyan Physician Dr. Stephen Christiansen Ophthalmologist

Suggested Use

Top Pick Parking Lot & Garage Acupuncture Tech Support Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

NNN (Triple Net)
Lease Type
$4.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,680
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

Lease Benchmarks for Lynn, MA

$36.87 /SF/Yr
Avg Asking Price
$17.83–$75.79 /SF/Yr
Price Range
1,364 SF
Avg Space Size

This space is priced 22% below the average of $36.87 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Essex County, MA

$25.84 Jul
$26.76 Aug
$26.68 Sep
$27.45 Oct

Properties on Market for Office Units in Essex County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The suite can be arranged as two separate offices or as reception space with a private office.
Where is this office unit located?
The property is located at 20 Central Ave 205 Lynn, MA.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: 332 square feet on the building’s second floor; Two‑office layout or reception area with private office; ADA‑compliant space, multiple bathrooms and a kitchenette on the floor
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