Furniture Warehouse with Storage
For Lease
$2,600,000
29 Bennett St, Lynn, MA 01905
Heated, fully sprinklered furniture warehouse with an added storage basement and on-site outside storage.
Space SizeContact for details
Lot Size0.88 Acres
Days on Market66
Property Features for 29 Bennett St
General Information
Standard status
Active
Lot size
0.88 Acres
Property subtype
Commercial
Zoning
IL
Additional Details
Opportunity Zone
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$18,396
Building Details
Year Built
1880
Listing Agency:
The Drumlin Group Inc
(781) 933-2500
Listed By:
Jacob VanMeter
Source:
Kiklisre
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 8 at 4:03PM
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
Investment Insights
Based on property information with market context.
This long-standing furniture warehouse and retail store includes 29,600 square feet of floor area plus a newly built storage basement. The building is fully sprinklered and heated by gas Modine heaters. Inventory can be moved to the second level via an electric lift, supporting both day-to-day operations and back-of-house storage.
The property at 29 Bennett St, Lynn, MA 01905 sits on a zoned IL site with 38,501 square feet of flat usable land. The site currently includes outside storage that is leased to four tenants, totaling $6,200 per month. In addition to existing uses, the Opportunity Zone designation and the IL zoning framework provide flexibility for manufacturing, light industrial use, and truck parking as allowed by right.
For tenants and operators, the combination of heated warehouse space, sprinkler protection, and second-level lift access makes the facility practical for furniture-related distribution, storage-intensive retail, or light industrial needs. For buyers, the current outside storage arrangement and the on-site land footprint offer an operationally straightforward setup while keeping redevelopment possibilities in view given the Opportunity Zone status.
The property at 29 Bennett St, Lynn, MA 01905 sits on a zoned IL site with 38,501 square feet of flat usable land. The site currently includes outside storage that is leased to four tenants, totaling $6,200 per month. In addition to existing uses, the Opportunity Zone designation and the IL zoning framework provide flexibility for manufacturing, light industrial use, and truck parking as allowed by right.
For tenants and operators, the combination of heated warehouse space, sprinkler protection, and second-level lift access makes the facility practical for furniture-related distribution, storage-intensive retail, or light industrial needs. For buyers, the current outside storage arrangement and the on-site land footprint offer an operationally straightforward setup while keeping redevelopment possibilities in view given the Opportunity Zone status.
Key Highlights
- Long‑standing furniture warehouse/store built in 1880 with 29,600 s.f. of floor area plus a newly built storage basement
- 38,501 s.f. site with flat usable land, zoned IL
- Fully sprinklered building; heated with gas Modine heaters
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,335
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01905, MA
27,761
Population
9,583
Households
2.9
Avg Household Size
34
Median Age
21%
College-Educated
79%
High-School Grad
3.1 sq mi
ZIP Area
8,955
Density / Sq Mi
$84,341
Median Household Income
$42,983
Median Earnings
$1,749
Median Rent
$443,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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- Public Storage — 595 Lynnway, Lynn, MA 01905
- Clocktower Self Storage — 330 Lynnway building b, Lynn, MA 01901
Frequently Asked Questions
What type of property is this?
Warehouse - Heated, fully sprinklered furniture warehouse with an added storage basement and on-site outside storage.
Where is this warehouse located?
The property is located at 29 Bennett St Lynn, MA.
What is the lease rate?
The lease rate is $2,600,000.
What are key features of this property?
This property features: Long‑standing furniture warehouse/store built in 1880 with 29,600 s.f. of floor area plus a newly built storage basement; 38,501 s.f. site with flat usable land, zoned IL; Fully sprinklered building; heated with gas Modine heaters
