Mixed-Use Property With
For Sale
Contact for pricing
Pending
423-427 Union St, Lynn, MA 01901
Two ground-floor retail units accompany second-level office space requiring repairs.
Property SizeContact for details
Days on Market141
Property Features for 423-427 Union St
General Information
Standard status
Pending
Property subtype
Retail, Industrial, Mixed Use
Zoning
Central Business District
Property Condition
Severity
Repairs Needed
Evidence
in need of repairs
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
McNamara Realty
Listed By:
Chris Mcnamara · License #MA
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 31 at 6:54AM
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 McNamara Realty
Investment Insights
Based on property information with market context.
This mixed-use building combines two retail units at street level with office space on the floor above. The upper-level offices require repairs, while the ground-floor spaces are currently occupied by a braid shop and a barber shop.
The property is located at 423-427 Union St in Lynn’s Central Business District, between Washington and Central Square and one block from the Lynn Station commuter rail stop. The zoning supports mixed-use development and permits construction of up to 10 stories by right, with residential units possible above commercial space.
Initial, unapproved architectural drawings show a potential five-story configuration with two commercial units on the first floor and five residential units above: three two-bedroom apartments and two studios. The drawings are conceptual and do not constitute approved plans.
The property is located at 423-427 Union St in Lynn’s Central Business District, between Washington and Central Square and one block from the Lynn Station commuter rail stop. The zoning supports mixed-use development and permits construction of up to 10 stories by right, with residential units possible above commercial space.
Initial, unapproved architectural drawings show a potential five-story configuration with two commercial units on the first floor and five residential units above: three two-bedroom apartments and two studios. The drawings are conceptual and do not constitute approved plans.
Key Highlights
- Two existing retail units on the first floor
- Second‑level office space requires repairs
- Central Business District zoning supports mixed‑use development
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,603
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor retail units accompany second-level office space requiring repairs.
Where is this mixed-use property located?
The property is located at 423-427 Union St Lynn, MA.
What are key features of this property?
This property features: Two existing retail units on the first floor; Second‑level office space requires repairs; Central Business District zoning supports mixed‑use development
