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    Property profile & analytics

    Confidential Lynn, MA 01905

    • Commercial real estate
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Confidential

    Year built
    2015
    Lot size
    0.04 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a rare investment opportunity in the heart of Lynn, MA. Situated on a highly visible corner lot (0.04 acres), this building has historically housed a successful dry cleaning business. The building features a full basement, providing ample storage or expansion potential. The roof is only 8 years old, minimizing immediate maintenance concerns. Convenient parking is available on a paved rear driveway, supplemented by readily accessible street parking. This location offers excellent visibility and accessibility for customers and employees alike. The property's strong historical performance as a dry cleaning business suggests a solid foundation for continued success or adaptation to other commercial uses. The asking price of $375,000 represents a compelling entry point into the Lynn commercial real estate market. This is a turnkey opportunity for an investor seeking a well-maintained property with significant upside potential. The combination of a desirable location, existing infrastructure, and recent roof replacement makes this a truly exceptional offering. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9696
    Latitude
    42.4598

    Comparable in this City

    • Value Estimation by Request
      1.59 Acres

      453 Lynnway

      COMMERCIAL (GENERAL) • 1.59 Acres
      453 Lynnway, Lynn, MA 01905-3063
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    • Value Estimation by Request
      0.32 Acres

      74 Oakville St, Unit 84

      COMMERCIAL (GENERAL) • 0.32 Acres
      74 Oakville St, Lynn, MA 01905-2817
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    • Value Estimation by Request
      0.58 Acres

      59 Commercial St, Unit 69

      COMMERCIAL (GENERAL) • 0.58 Acres
      59 Commercial St, Lynn, MA 01905-2937
      View Details
    • Value Estimation
      $1,355,000
      31,745 SF

      760 Western Ave

      SHOW ROOM, WAREHOUSE • 31,745 SF
      760 Western Ave, Lynn, MA 01905-2426
      View Details
    • Value Estimation
      $255,000
      20,386 SF

      1075 Western Ave, Unit 1147

      COMMERCIAL (GENERAL) • 20,386 SF
      1075 Western Ave, Lynn, MA 01905-2616
      View Details
    • Value Estimation by Request
      13,264 SF

      106 Oakville St

      SHOW ROOM, WAREHOUSE • 13,264 SF
      106 Oakville St, Lynn, MA 01905-2817
      View Details

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    Confidential
    Lynn, MA 01905
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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
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