Property profile

212 Broad St 218 Lynn, MA 01901

OFF-MARKET
Retail space
Property ID
US38-0875818
4,844 SF 0.17 ac lot Built 1920
Individually Owned 24-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,844 square foot single-story warehouse is ideally situated at 212-218 Broad Street, Lynn, MA. Located adjacent to North Shore Community College and just one block north of Route 1A (Lynnway), this property offers unparalleled accessibility and visibility. The building sits on a 12,600 square foot lot and features ample parking with 35 spaces, including both on-street and off-street options. The property is zoned commercial and is currently vacant, presenting a unique opportunity for a variety of uses. The building boasts gas-fired heat and central air conditioning, ensuring year-round comfort. Utilities are the responsibility of the tenant, including heat, gas, electricity, water, and sewer. This versatile space is perfect for a warehouse, distribution center, or other commercial enterprise seeking a prime location with convenient access to major transportation routes and a thriving community. The single-tenant occupancy provides a straightforward and efficient operational environment. Don't miss this chance to secure a highly desirable commercial property in a rapidly developing area. Contact us today to schedule a viewing.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction STEEL FRAME
Total area 4,844 SF
Lot 0.17 ac (7,380 SF)
Zoning code CBD
APN LYNN M:082 B:592 L:005
UPID US38-0875818

Cap rate & NOI

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

Location

212 Broad St, Unit 218 Lynn, MA 01901-1610
Lynn metro Census 206900 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
$923k
Blend (final) Blend
$330k

Owner & transaction history

since 2002
1 recorded transaction
2002
$240,000

Zoning & alternative use

CBD · Lynn, MA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 212 Broad St, Unit 218?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message