Property profile

116 Boston St Lynn, MA 01904

OFF-MARKET
Turn key restaurants
Property ID
US38-0526160
3,237 SF 0.69 ac lot Built 1979
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction STEEL FRAME
Total area 3,237 SF
Lot 0.69 ac (30,007 SF)
Zoning code HI
APN LYNN M:071 B:254 L:002
UPID US38-0526160

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

116 Boston St Lynn, MA 01904-2526
Lynn metro Census 205200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$892k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
1997
$675,594

Zoning & alternative use

HI · Lynn, MA
Zoning description

The intent of this zone is to promote heavy industrial uses.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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