723 Summer St Lynn, MA

Listing office New England Realty Advisors LLC i***@faulknercommercial.com Show Phone

Listing date Jul 30, 2025

Source Moodyscre

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

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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.