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Office Unit With Private Offices

205-20 Central Ave, Lynn, MA 01901

For Lease
$800/Mo

A second-floor suite can be arranged as two offices or as reception space with a separate private office.

Space Size332 SF
Days on Market20

Property Features for 205-20 Central Ave

General Information

Standard status Active
Size 332 SF
Net Rentable 332 SF

Space & Availability

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

Site & Location

Road Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $89,285

Amenities

ADA compliant
multiple bathrooms
kitchenette
secure building
Listing Agency: The Drumlin Group Inc.
Listed By: Jacob VanMeter
Source: Exprealty
Added: Oct 20 Changed: Nov 7 Last Checked: Nov 6 at 9:28AM

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 unit is on the second floor of a professionally managed, secure building at 205-20 Central Ave. Its layout accommodates two individual offices or a reception area with a private office. The floor includes ADA-compliant space, multiple bathrooms and a kitchenette.

The property is in downtown Lynn, near the Commuter Rail and public parking. The building fronts Central Avenue.

Key Highlights

  • 332‑square‑foot second‑floor office unit
  • Two individual offices, or reception area with a private office
  • Professionally managed building with secure access

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Acupuncture Tech Support Center Computer & Electronic Repair Carpet & Flooring Store

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,711
Businesses Nearby

Demographics for 01901, MA

2,794
Population
1,289
Households
2.2
Avg Household Size
44
Median Age
39%
College-Educated
90%
High-School Grad
0.3 sq mi
ZIP Area
9,313
Density / Sq Mi
$27,561
Median Household Income
$36,219
Median Earnings
$1,193
Median Rent
$343,200
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 - A second-floor suite can be arranged as two offices or as reception space with a separate private office.
Where is this office unit located?
The property is located at 205-20 Central Ave 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‑foot second‑floor office unit; Two individual offices, or reception area with a private office; Professionally managed building with secure access
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