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Office Suite with Private Offices
For Lease
$2,000/Mo

251 Western Avenue, Lynn, MA 01904

A second-floor office layout includes three enclosed offices and access to shared on-site parking.

Space Size880 SF
Days on Market16

Property Features for 251 Western Avenue

General Information

Standard status Active
Size 880 SF
Net Rentable 880 SF

Space & Availability

Available Space 880 SF
Contiguous Space 880 SF
Floor 2
Space Use Office
Private Offices 3

Amenities

shared parking

Building Details

Year Built 1920
Listing Agency: The Drumlin Group Inc.
Listed By: David Hark · License #9010260
Source: Somervillelofts
Added: Oct 16 Changed: Oct 31 Last Checked: Oct 30 at 6:57PM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 880-square-foot office unit is on the second floor and has a walk-up entrance. Its layout includes three private offices, with shared parking available on-site.

The property is at 251 Western Ave in Lynn, Massachusetts.

Key Highlights

  • 880 square feet of office space
  • Three private offices
  • Second‑floor walk‑up unit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

North Shore Cycle (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Acupuncture Travel Agency Cafe & Coffee Shop Skin Care Clinic

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
$4.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,102
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lynn, MA

$46.58 /SF/Yr
Avg Asking Price
$23.26–$75.79 /SF/Yr
Price Range
879 SF
Avg Space Size

This space is priced 41% below the average of $46.58 /SF/Yr.

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 office layout includes three enclosed offices and access to shared on-site parking.
Where is this office unit located?
The property is located at 251 Western Avenue Lynn, MA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 880 square feet of office space; Three private offices; Second‑floor walk‑up unit
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