195 Chestnut St, Lynn, MA 01902

This exceptional commercial property at 195 Chestnut Street, Lynn, MA, presents a rare investment opportunity. Situated on a 0.09-acre lot in a high-traffic downtown location, this building offers significant versatility. Currently configured as a dual-use facility, the property boasts a thriving, leased two-bay auto repair shop complete with lifts on the Essex Street side. This section of the building is an established business. The Chestnut Street side features an office, restroom, and a substantial fenced parking area accommodating 17 vehicles. A large gate facilitates easy vehicle maneuvering, currently supporting a used car dealership operation. The ample parking and convenient location make this property ideal for a variety of commercial ventures. Potential uses include, but are not limited to, a contractor's base, light manufacturing facility, office space, or retail establishment. The building's adaptable layout and prime location offer significant potential for growth and return on investment. The property's strategic position at the corner of Chestnut and Essex Streets ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in the Lynn market. The existing lease provides immediate income potential, while the adaptable space allows for future expansion or modification to suit a wide range of commercial needs. This is a unique opportunity to acquire a well-positioned commercial property with immediate income and significant long-term potential. The asking price is $899,000.