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Multitenant Light Industrial Mixed-Use Building
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723 Summer St, Lynn, MA 01905

Multitenant mixed-use property with a vacant 6,000+ SF owner suite and three rear loading docks.

Property Size19,473 SF
Price / SF$77.03
Days on Market366

Property Features for 723 Summer St

General Information

Standard status Active
Size 19,473 SF
Property subtype INDUSTRIAL
Zoning Light Industrial

Additional Details

Dock-High Doors 3
Multifamily Units 1

Building Details

Tenancy Multi
Listing Agency: New England Realty Advisors LLC
Listed By: Brad Carlson · License ##9584876
Source: Moodyscre
Added: Jul 30, 2025 Changed: Jul 26 Last Checked: Jul 29 at 3:21PM

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.

The Summer Street mixed-use building at 723-727 Summer St is a multitenant property featuring a mix of commercial tenants and a one-bedroom apartment. Tenant operations listed include automotive, retail, a boxing gym, roofing, storage, and an approximately 6,000+ SF owner’s suite, which will be vacant upon sale.

The property is located in a Light Industrial zoning district, which allows for many different uses. Three loading docks are located in the rear of the building, providing access to the owner’s suite.

Owned by the same owner since 1983, the building was used for an engine and parts business for years. The current rents are noted as being 50% below market rate.

Key Highlights

  • Multitenant mixed‑use building at 723‑727 Summer St, Lynn, MA, with commercial tenants plus a 1‑bedroom apartment
  • Vacant 6,000+ SF owners’ suite will be available upon sale
  • Three rear loading docks provide access to the owners’ suite

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

3
Dock-high doors
1
Residential units
Multi-tenant
Tenancy

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 - Multitenant mixed-use property with a vacant 6,000+ SF owner suite and three rear loading docks.
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 $1,500,000.
What are key features of this property?
This property features: Multitenant mixed‑use building at 723‑727 Summer St, Lynn, MA, with commercial tenants plus a 1‑bedroom apartment; Vacant 6,000+ SF owners’ suite will be available upon sale; Three rear loading docks provide access to the owners’ suite
(781) 334-8044 Call to check price and availability
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