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    212 Broad St Lynn, MA 01901

    For Lease
    $60 SF/Yr

    4,844 SF Warehouse, Excellent Location

    Lot size:
    4,844 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,844 square foot single-story warehouse is ideally situated at 212-218 Broad Street, Lynn, MA. Located adjacent to North Shore Community College and just one block north of Route 1A (Lynnway), this property offers unparalleled accessibility and visibility. The building sits on a 12,600 square foot lot and features ample parking with 35 spaces, including both on-street and off-street options. The property is zoned commercial and is currently vacant, presenting a unique opportunity for a variety of uses. The building boasts gas-fired heat and central air conditioning, ensuring year-round comfort. Utilities are the responsibility of the tenant, including heat, gas, electricity, water, and sewer. This versatile space is perfect for a warehouse, distribution center, or other commercial enterprise seeking a prime location with convenient access to major transportation routes and a thriving community. The single-tenant occupancy provides a straightforward and efficient operational environment. Don't miss this chance to secure a highly desirable commercial property in a rapidly developing area. Contact us today to schedule a viewing.

    Property Features for 212 Broad St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,844 SF
    Total Rate
    24220

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,844 SF
    Rate per SF
    $120

    HighLights

    • 4,844 SF single‑story building.
    • Located adjacent to North Shore Community College and one block from Route 1A.
    • Features on‑site and off‑street parking for 35 vehicles.
    • Equipped with gas‑fired heat and central air conditioning.
    • Tenant responsible for utilities (heat, gas, electric, water, sewer).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Breweries

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.942405732063
    Latitude
    42.462661578877

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    FAQs

    What type of property is this?
    Restaurant - 4,844 SF Warehouse, Excellent Location
    Where is this restaurant located?
    The property is located at 212 Broad St Lynn, MA.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: 4,844 SF single-story building.; Located adjacent to North Shore Community College and one block from Route 1A.; Features on-site and off-street parking for 35 vehicles.
    Request Owner's contact information
    212 Broad St Lynn, MA 01901
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    Lynn, MA 01901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 Broad St Lynn, MA 01901
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