Coastal Development Opportunity For
For Sale
$7,000,000
Pending
98 Lynnway, Lynn, MA 01902
Approved for 80 market-rate units, direct coastal development opportunity.
Property SizeContact for details
Days on Market243
Property Features for 98 Lynnway
General Information
Standard status
Pending
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$31,624
Amenities
Gentle Sloping
Sidewalks
Listing Agency:
The Synergy Group
(888) 410-5454
Listed By:
The Synergy Group
Source:
Corcoran
Added: Feb 4
Changed: Sep 10
Last Checked: Oct 4 at 10:14AM
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 The Synergy Group
Investment Insights
Based on property information with market context.
This is a direct coastal development opportunity approved for 80 market-rate units with no affordable component. The site has been removed from the flood zone. All materials produced and paid for by the current owner for the approvals will be included in the transfer to the new owners and are available for review upon request. This includes all architecture plans, interior design elements, site analysis, and environmental studies. Renderings, branding, social media pages, online business pages, and website URLs may be included in the sale. Additional information is available upon request.
Key Highlights
- Approved for 80 market‑rate units with zero affordable component.
- Direct coastal development opportunity.**
- Site has been removed from the flood zone.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,134
Businesses Nearby
Explore this area
Business Placement
Demographics for 01902, MA
50,725
Population
19,655
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
75%
High-School Grad
2.4 sq mi
ZIP Area
21,135
Density / Sq Mi
$66,755
Median Household Income
$39,506
Median Earnings
$1,571
Median Rent
$456,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved for 80 market-rate units, direct coastal development opportunity.
Where is this commercial land located?
The property is located at 98 Lynnway Lynn, MA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Approved for **80 market‑rate units** with zero affordable component.; Direct coastal development opportunity.**; Site has been removed from the flood zone.
