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Freestanding Restaurant with Commercial Kitchen
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61 Franklin St, Lynn, MA 01902

Single-story restaurant space with storefront glazing, on-site parking, B2 zoning, and an NNN lease structure.

Property Size742 SF
Price / SF$3.77
Days on Market3

Property Features for 61 Franklin St

General Information

Standard status Active
Size 742 SF
Property subtype Commercial
Zoning B2

Restaurant

Hood Type Type I
Commercial Hood Yes
Equipment Included Yes

Building Details

Year Built 1928
Buildings 1
Stories 1
Listing Agency: Serhant
Listed By: Aleksandra Koren
Source: Lockandkeyre
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 8:35PM

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 Serhant

Investment Insights

Based on property information with market context.

This approximately 742 SF freestanding restaurant building is arranged on one level and features storefront glass, on-site parking, and a renovated customer restroom. The existing food-service infrastructure includes a commercial kitchen with a vented Type I hood, ANSUL fire suppression, gas cooking line, walk-in cooler, prep and hand-wash sinks, and related equipment. The property is offered under a triple-net lease structure.

Building improvements include a new roof, HVAC system, tankless hot water, updated electrical and plumbing, and new flooring. The property is at 61 Franklin St in downtown Lynn, near City Hall, Lynn Common, and Market Street shops and dining. The MBTA commuter rail is nearby, with an approximately 20-minute ride to Boston. B2 zoning supports commercial use.

Key Highlights

  • Approximately 742 SF freestanding restaurant building
  • Commercial kitchen with Type I hood, ANSUL suppression, gas cooking line, and walk‑in cooler
  • Renovated customer restroom plus updated flooring, electrical, and plumbing

Property Analytics

Current Use

Sazón y Antojó Restaurant

Suggested Use

Top Pick Parking Lot & Garage Tech Support Center Acupuncture Real Estate Agency Computer & Electronic Repair Skin Care Clinic

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
Commercial hood

Location Intelligence

Trade Area within ½ mile

2,220
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Shops & Services 31% Dining 26% Apparel 3%
Stop & Shop Groceries
49,107 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
16,014 visits/mo 0.4 miles
Bank of America Shops & Services
13,800 visits/mo 0.4 miles
Speedway Shops & Services
11,343 visits/mo 0.3 miles
Pollo Campero Dining
6,937 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-story restaurant space with storefront glazing, on-site parking, B2 zoning, and an NNN lease structure.
Where is this conventional restaurant located?
The property is located at 61 Franklin St Lynn, MA.
What are key features of this property?
This property features: Approximately 742 SF freestanding restaurant building; Commercial kitchen with Type I hood, ANSUL suppression, gas cooking line, and walk‑in cooler; Renovated customer restroom plus updated flooring, electrical, and plumbing
More about this property
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