Building Details

Building Size 877 SF

Year Built 1890

Listing Agency: Bostonia Properties Show Phone

Listed By: Kate Duggan · License #144768 Show Phone

Source: Bostoniaproperties

Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:31PM

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Investment Insights

Based on property information with market context.

This 877-square-foot office unit has an open layout that can be configured to suit operational needs. The property was built in 1890 and is zoned R1, Legal Non-Conforming. The lease is structured as a gross lease.

At 313-315 Eastern Avenue in Lynn, the office has access to Route 1A/129A. Three off-street parking spaces are included, with additional on-street parking available.

Key Highlights

• 877‑square‑foot office unit with an adaptable open floor plan
• R1, Legal Non‑Conforming zoning
• Gross lease structure

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Cafe & Coffee Shop Tech Support 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

Yes

Highway access

Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

905

Businesses Nearby

Explore this area Business Placement

Demographics for 01902, MA

50,725

Population

19,655

Households

2.6

Avg Household Size

35

Median Age

20%

College-Educated

75%

High-School Grad

2.4 sq mi

ZIP Area

21,135

Density / Sq Mi

$66,755

Median Household Income

$39,506

Median Earnings

$1,571

Median Rent

$456,000

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Office unit - The gross-lease unit includes three off-street parking spaces and access to additional on-street parking.

Where is this office unit located?

The property is located at 313-315 Eastern Avenue Lynn, MA.

What is the lease rate?

The lease rate is $1,700/Mo.

What are key features of this property?

This property features: 877‑square‑foot office unit with an adaptable open floor plan; R1, Legal Non‑Conforming zoning; Gross lease structure