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Mixed-Use Industrial Retail Facility
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723 SUMMER ST, Lynn, MA 01905

Corner mixed-use property with automotive service bays, retail frontage, fitness/training space, and warehouse/flex areas.

Property Size19,473 SF
Price / SF$76.77
Days on Market130

Property Features for 723 SUMMER ST

General Information

Standard status Active
Size 19,473 SF
Property subtype Retail, Industrial, Mixed Use
Zoning LI
Investment Type Value Add
Net Operating Income $50,671

Additional Details

Fenced Yard Yes
Multifamily Units 1

Building Details

Year Built 1873
Buildings 1
Stories 2
Units 3
Tenancy Multi
Listing Agency: KW Commercial Faulkner Commercial Group
Listed By: Janet Faulkner · License #FL 452000785
Source: Crexi
Added: May 1 Changed: Sep 5 Last Checked: Sep 7 at 1:04AM

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 KW Commercial Faulkner Commercial Group

Investment Insights

Based on property information with market context.

This mixed-use commercial property totals 19,473 SF and is arranged to support multiple tenants and uses. The offering includes automotive service bays, retail frontage, fitness/training space, and warehouse/flex areas, along with one residential unit. The site is equipped with three overhead doors, fenced-in parking, and six separate meters.

The property is located on a corner parcel at 723 Summer St in Lynn, MA. It operates under Light Industrial (LI) zoning, supporting a range of commercial and industrial uses.

The current configuration provides in-place income, with additional opportunity tied to re-leasing and space reconfiguration. The Offering Memorandum with financial information is under development and will be released after an executed Non Disclosure Agreement. Prospective buyers should conduct their own due diligence.

Key Highlights

  • £119,473 SF mixed‑use commercial property in Lynn, MA on a corner parcel
  • Includes automotive service bays, retail frontage, fitness/training space, and warehouse/flex areas
  • Light Industrial (LI) zoning supports a range of commercial and industrial uses

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

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

1
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

659
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 mixed-use property with automotive service bays, retail frontage, fitness/training space, and warehouse/flex areas.
Where is this mixed-use property located?
The property is located at 723 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: £119,473 SF mixed‑use commercial property in Lynn, MA on a corner parcel; Includes automotive service bays, retail frontage, fitness/training space, and warehouse/flex areas; Light Industrial (LI) zoning supports a range of commercial and industrial uses
(978) 828-8944 Call to check price and availability
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