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Summer Street Mixed Use Property
For Sale
$1,500,000

723-727 Summer Street, Lynn, MA 01905

Multi-tenant commercial building with vacant owner's suite in Lynn.

Property Size19,473 SF
Price / SF$77.03
Days on Market257

Property Features for 723-727 Summer Street

General Information

Standard status Active
Size 19,473 SF
Property subtype Industrial

Building Details

Building Size 19,473 SF
Year Built 1873
Listing Agency: New England Realty Advisors LLC
Listed By: Brad Carlson · License #MA #9584876
Source: Nerealtyadvisors
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: May 19 at 8:19PM

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 New England Realty Advisors LLC

Investment Insights

Based on property information with market context.

Located at 723-727 Summer Street in Lynn, MA, this mixed-use property features a combination of commercial tenants and a one-bedroom apartment. The tenant mix includes automotive, retail, a boxing gym, a roofing company, and storage. A 6000+ SF owner's suite will be vacant upon sale. The property is situated in a Light Industrial zoning district, accommodating various uses. There are three loading docks at the rear of the building providing access to the owner's suite. The property has been under the same ownership since 1983, previously serving as an engine and parts business. The rents are currently below market rate. Lynn, Massachusetts, is located on the Atlantic coast just north of Boston. It is a dynamic city experiencing a significant revitalization, seamlessly blending its industrial heritage with a vibrant arts and cultural scene and a highly diverse community. Boasting miles of picturesque public beaches along the Lynn Shore Reservation and extensive green spaces like Lynn Woods, the city offers both urban amenities and easy access to natural beauty, all while providing excellent transportation links to downtown Boston via the MBTA Commuter Rail, making it an increasingly attractive and convenient place to live and work.

Key Highlights

  • Vacant 6000+ SF owner's suite provides immediate opportunity for owner‑user or investor.
  • Rents are currently 50% below market rate, offering significant upside potential.
  • Located in the Light Industrial zoning district, allowing for diverse uses.

Property Analytics

Current Use

Flex space

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,101
Businesses Nearby
Under-served
Demand for This Use

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

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant commercial building with vacant owner's suite in Lynn.
Where is this flex space located?
The property is located at 723-727 Summer Street Lynn, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Vacant 6000+ SF owner's suite provides immediate opportunity for owner‑user or investor.; Rents are currently 50% below market rate, offering significant upside potential.; Located in the Light Industrial zoning district, allowing for diverse uses.
More about this property
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