Mixed-Use Automotive and Retail
For Sale
$1,495,000
723-727 Summer St, Lynn, MA 01905
Corner property with automotive service bays, retail frontage, warehouse/flex space, fenced parking, and multiple overhead doors.
Property Size19,473 SF
Price / SF$76.77
Days on Market128
Property Features for 723-727 Summer St
General Information
Standard status
Active
Size
19,473 SF
Property subtype
Commercial
Zoning
LI
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$19,351
Building Details
Building Size
19,473 SF
Year Built
1873
Tenancy
Multi
Listing Agency:
Herion Karbunara
(833) 668-4649
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: May 1
Changed: Sep 4
Last Checked: Sep 4 at 3:09AM
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 Herion Karbunara
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes automotive service bays, retail frontage, fitness/training space, and warehouse/flex areas, along with one residential unit. The current layout is designed to support multiple tenants and uses, offering flexibility for re-leasing and space reconfiguration. The property features three overhead doors, fenced-in parking, and six separate meters.
Located on a corner parcel in Lynn, Massachusetts, the asset sits in Light Industrial (LI) zoning. That zoning classification supports a range of commercial and industrial uses, which may be relevant for investors and owner-users evaluating current operations or potential repositioning.
For a buyer considering an in-place income approach, this property also includes multiple revenue components already present across its varied spaces. Prospective purchasers should perform their own due diligence, as information was provided by the owner and public records.
Located on a corner parcel in Lynn, Massachusetts, the asset sits in Light Industrial (LI) zoning. That zoning classification supports a range of commercial and industrial uses, which may be relevant for investors and owner-users evaluating current operations or potential repositioning.
For a buyer considering an in-place income approach, this property also includes multiple revenue components already present across its varied spaces. Prospective purchasers should perform their own due diligence, as information was provided by the owner and public records.
Key Highlights
- Mixed‑use commercial property totaling 19,473 SF, built in 1873, on a corner parcel in Lynn, MA
- Includes automotive service bays and retail frontage, plus fitness/training space and warehouse/flex areas
- Three overhead doors with fenced‑in parking and multiple spaces supporting several tenants and uses
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01905, MA
27,761
Population
9,583
Households
2.9
Avg Household Size
34
Median Age
21%
College-Educated
79%
High-School Grad
3.1 sq mi
ZIP Area
8,955
Density / Sq Mi
$84,341
Median Household Income
$42,983
Median Earnings
$1,749
Median Rent
$443,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Corner property with automotive service bays, retail frontage, warehouse/flex space, fenced parking, and multiple overhead doors.
Where is this flex space located?
The property is located at 723-727 Summer St Lynn, MA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Mixed‑use commercial property totaling 19,473 SF, built in 1873, on a corner parcel in Lynn, MA; Includes automotive service bays and retail frontage, plus fitness/training space and warehouse/flex areas; Three overhead doors with fenced‑in parking and multiple spaces supporting several tenants and uses
