52-56 Central Sq Lynn Lynn, MA 01901

Building Details

Year Built

1890

Listing office c***@milestonerealtyinc.com Show Phone

Listing date May 16, 2026

Source Milestonerealtyinc

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Investment Insights

Based on property information with market context.

This commercial property, located in downtown Lynn, offers immediate income and long-term potential. The property includes two separate spaces: a retail space currently rented month-to-month for $2,300 per month, and a fully equipped restaurant leased at $4,000 per month with a 2-year lease in place. The restaurant includes a full bar and seating for 50 guests, making it suitable for various dining concepts. A separate storage area provides additional utility. The total area of the property is over 3,000 square feet. Situated minutes from the commuter rail, apartment buildings, and Lynn’s downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. The property is located in one of Greater Boston’s fastest-growing coastal communities, adding appeal for both residents and visitors. The landlord pays a $1700 per month condo fee. The property is suitable for retail or restaurant use.

Key Highlights

• Turnkey commercial property with immediate income from two leased spaces.
• Restaurant space leased at $4,000/month with a 2‑year lease in place.
• Prime downtown Lynn location with high pedestrian and vehicle traffic.

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FAQs

What type of property is this?

Retail space - Two-unit commercial property with immediate income and long-term potential.

Where is this retail space located?

The property is located at 52-56 Central Sq Lynn Lynn, MA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Turnkey commercial property with immediate income from two leased spaces.; Restaurant space leased at $4,000/month with a 2‑year lease in place.; Prime downtown Lynn location with high pedestrian and vehicle traffic.