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Freestanding Restaurant With Commercial Kitchen
New
For Lease
$2,800/Mo NNN

61 Franklin Street, Lynn, MA 01902

Single-story space includes restaurant infrastructure, storefront glazing, on-site parking, and B2 zoning under an NNN lease.

Space SizeContact for details
Days on Market4

Property Features for 61 Franklin Street

General Information

Standard status Active

Building Details

Year Built 1928
Listing Agency: Serhant
Listed By: Aleksandra Koren
Source: Jbarrettrealty
Added: Aug 30 Changed: Sep 1 Last Checked: Sep 1 at 8:54PM

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 restaurant property provides approximately 742 SF with storefront glass, a complete commercial kitchen, and a renovated customer restroom. Existing equipment includes a vented Type I hood with ANSUL fire suppression, gas cooking line, walk-in cooler, preparation and hand-wash sinks, and related restaurant infrastructure. The building, originally constructed in 1928, has received a new roof, HVAC system, tankless hot water, updated electrical and plumbing, and new flooring throughout.

The property is in downtown Lynn near City Hall, Lynn Common, and the Market Street retail and dining area. On-site parking is included, and the MBTA commuter rail is nearby with an approximately 20-minute ride to Boston. B2 zoning supports flexible commercial use, while the NNN lease structure provides a defined occupancy framework for an incoming operator.

Key Highlights

  • Approximately 742 SF freestanding, single‑story restaurant building
  • Commercial kitchen with Type I hood, ANSUL suppression, gas line, walk‑in cooler, and sinks
  • New roof, HVAC, tankless hot water, updated electrical and plumbing, and new flooring

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Tech Support Center Acupuncture Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,491
Businesses Nearby
191k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Groceries 26% Shops & Services 25% Superstores 7%
Stop & Shop Groceries
49,107 visits/mo 0.1 miles
Wendy's Dining
23,648 visits/mo 0.4 miles
Dollar Tree Shops & Services
23,543 visits/mo 0.5 miles
Burger King Dining
18,011 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
16,014 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-story space includes restaurant infrastructure, storefront glazing, on-site parking, and B2 zoning under an NNN lease.
Where is this conventional restaurant located?
The property is located at 61 Franklin Street 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, single‑story restaurant building; Commercial kitchen with Type I hood, ANSUL suppression, gas line, walk‑in cooler, and sinks; New roof, HVAC, tankless hot water, updated electrical and plumbing, and new flooring
More about this property
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