723 Summer St Lynn, MA
Multi-tenant building with value-add potential in Lynn, MA.
Type:INDUSTRIAL
Property size:
19,473 SFLot size:
0.25 Acres- Added:
- Jul 30, 2025
- Days on Market:
- 246
- Last Refresh:
- Mar 29 at 9:01 pm
Property Features for 723 Summer St
General Information
- Standard status
- Active
- Size
- 19,473 SF
- Lot size
- 0.25 Acres
- Property subtype
- INDUSTRIAL
Listing agent Brad Carlson License ##085535 (781) 334-8044
Listing office New England Realty Advisors LLC (781) 334-8044
Listing date Jul 30, 2025
Source Moodyscre
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
Overview
Lynn Mixed-Use Investment Opportunity
Located at 723-727 Summer St in Lynn, MA, this mixed-use building presents a valuable opportunity. The property features a diverse tenant mix, including automotive, retail, a boxing gym, a roofing company, and storage. Additionally, it includes a one-bedroom apartment and a vacant 6000+ SF owner's suite, available upon sale. The property, situated in a Light Industrial zoning district, accommodates various uses. The current rents are 50% below market rate. The building has been under the same ownership since 1983, previously serving as an engine and parts business. The property offers three loading docks at the rear, providing access to the owner's suite. Lynn, Massachusetts, located on the Atlantic coast north of Boston, is undergoing revitalization, blending industrial history with arts, culture, and diversity. The city features beaches, green spaces like Lynn Woods, and transportation links to Boston via the MBTA Commuter Rail. The property is 19473 square feet and is zoned Light Industrial.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9771
- Latitude
- 42.4592
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Multi-tenant building with value-add potential in Lynn, MA.
Where is this flex space 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: 6000+ SF vacant owner's suite, ideal for owner‑user or redevelopment.; Significant upside potential due to rents being 50% below market rate.; Priced below replacement cost.
