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Functional Industrial Building For Lease
For Lease
$21 SF/Yr

47 Alley Street, Lynn, MA 01902

5,104 SF industrial building with high ceilings and large lot.

Space SizeContact for details
Lot Size0.39 Acres
Days on Market191

Property Features for 47 Alley Street

General Information

Standard status Active
Lot size 0.39 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,880

Amenities

Rubber Roof

Building Details

Year Built 1978
Listing Agency: Real Estate by Hughes & Assoc. Inc.
Listed By: Sarkis James Kavlakian
Source: Corcoran
Added: Feb 1 Changed: Aug 8 Last Checked: Jul 16 at 11:49AM

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 Real Estate by Hughes & Assoc. Inc.

Investment Insights

Based on property information with market context.

This 5,104 SF industrial building offers a functional space with high clear ceiling height. Situated on a 16,932 SF lot, the property provides ample space for vehicle parking, outdoor storage, and logistical operations. The level site features three oversized drive-in doors and dedicated office space, accommodating a variety of industrial uses. Its central location provides convenient access to major routes. This property is suitable for contractors, warehouse and storage users, and light manufacturing businesses. The space can be leased in its entirety or subdivided to meet specific operational needs.

Key Highlights

  • Large 16,932 SF lot provides ample space for vehicle parking and outdoor storage, a rare advantage.
  • Turnkey, well‑configured 5,104 SF industrial building with high clear ceiling height.
  • Three oversized drive‑in doors facilitate efficient operations.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Skin Care Clinic Computer & Electronic Repair Parking Lot & Garage Electrical Service

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,375
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 5,104 SF industrial building with high ceilings and large lot.
Where is this flex space located?
The property is located at 47 Alley Street Lynn, MA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Large 16,932 SF lot provides ample space for vehicle parking and outdoor storage, a rare advantage.; Turnkey, well‑configured 5,104 SF industrial building with high clear ceiling height.; Three oversized drive‑in doors facilitate efficient operations.
More about this property
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