Conventional Restaurant with Commercial
New
For Lease
$2,800/Mo NNN
61 Franklin St, Lynn, MA 01902
Freestanding, single-story space with restaurant infrastructure, updated building systems, B2 zoning, and an NNN lease structure.
Space SizeContact for details
Property Size742 SF
Days on Market3
Property Features for 61 Franklin St
General Information
Standard status
Active
Size
742 SF
Zoning
B2
Taxes and HOA fees
Annual Taxes
$5,399
Building Details
Building Size
742 SF
Year Built
1928
Listing Agency:
Serhant
Listed By:
Aleksandra Koren
(781) 632-9492
Source:
Insightrealtygroup
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 1 at 2:21PM
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 freestanding, single-story conventional restaurant at 61 Franklin St. contains approximately 742 SF and features storefront glazing, on-site parking, and a corner setting. The existing commercial kitchen includes a Type I hood with ANSUL suppression, a gas cooking line, walk-in cooler, prep sinks, and hand-wash sinks. The customer restroom has been renovated, and the property has received a new roof, HVAC system, tankless hot water equipment, updated electrical and plumbing, and new flooring.
The property is in downtown Lynn near City Hall, Lynn Common, and the shops and restaurants along Market Street. MBTA commuter rail service is nearby, with an approximately 20-minute ride to Boston. B2 zoning supports flexible commercial use, and the space is offered under a triple-net lease.
The property is in downtown Lynn near City Hall, Lynn Common, and the shops and restaurants along Market Street. MBTA commuter rail service is nearby, with an approximately 20-minute ride to Boston. B2 zoning supports flexible commercial use, and the space is offered under a triple-net lease.
Key Highlights
- Approximately 742 SF freestanding restaurant building
- Commercial kitchen with Type I hood, ANSUL suppression, gas line, and walk‑in cooler
- Renovated customer restroom plus prep and hand‑wash sinks
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,220
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding, single-story space with restaurant infrastructure, updated building systems, B2 zoning, and an NNN lease structure.
Where is this conventional restaurant located?
The property is located at 61 Franklin St Lynn, MA.
What is the lease rate?
The lease rate is $2,800/Mo.
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 line, and walk‑in cooler; Renovated customer restroom plus prep and hand‑wash sinks
