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Entity Owned Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,248 SF
- Lot area
- 0.09 ac
- Year built
- 1940
- Stories
- 1
- APN
- LYNN M:095 B:510 L:015
- Zoning
- BD
- Assessed value · 2024
- $261,600
- Annual tax · 2024
- $5,279
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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