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Mixed-Use Commercial Property in Lynn
For Sale
$1,495,000

723-727 Summer Street, Lynn, MA 01905

Corner parcel with automotive, retail, fitness, warehouse, and residential spaces.

Property Size19,473 SF
Price / SF$76.77
Days on Market220

Property Features for 723-727 Summer Street

General Information

Standard status Active
Size 19,473 SF
Property subtype Commercial

Building Details

Year Built 1873
Listing Agency: Keller Williams Realty
Listed By: Faulkner Commercial Group
Source: Longwoodresidential
Added: Jan 14 Changed: Aug 21 Last Checked: Aug 21 at 10:47AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This mixed-use commercial property offers approximately 19,473 square feet of space on a corner parcel. The property features a combination of automotive service bays, retail frontage, fitness and training space, warehouse and flex areas, and one residential unit. The current layout is designed to accommodate multiple tenants and uses. The property is located within a Light Industrial (LI) zoning district, which allows for a variety of commercial and industrial uses. The property includes three overhead doors, fenced-in parking, and six separate meters. This property presents an opportunity for investors, owner-users, or possible redevelopment.

Key Highlights

  • Mixed‑use commercial property with diverse tenant potential including automotive, retail, fitness, warehouse, and residential.
  • Value‑add opportunity through re‑leasing, space reconfiguration, or operational efficiencies.
  • Light Industrial (LI) zoning allows for a range of commercial and industrial uses, including redevelopment potential.

Property Analytics

Current Use

Auto shops

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

1,133
Businesses Nearby

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?
Mixed-use property - Corner parcel with automotive, retail, fitness, warehouse, and residential spaces.
Where is this mixed-use property located?
The property is located at 723-727 Summer Street Lynn, MA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Mixed‑use commercial property with diverse tenant potential including automotive, retail, fitness, warehouse, and residential.; Value‑add opportunity through re‑leasing, space reconfiguration, or operational efficiencies.; Light Industrial (LI) zoning allows for a range of commercial and industrial uses, including redevelopment potential.
More about this property
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