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    Property profile & analytics

    377 Lynnway Lynn, MA 01901-1707

    • Turn key restaurants
    • 2,894 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1582436
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wendy's / Hamburger Restaurant / Restaurant

    Property Details for 377 Lynnway

    Year built
    1996
    Construction
    FRAME
    Lot size
    0.85 lot acres
    Property size
    2,894 SF
    Zone code
    WF1
    Property type
    Turn key restaurants
    APN
    LYNN M:051 B:747 L:022
    APU
    LYNNM051B747L022

    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
    -70.9514
    Latitude
    42.4575
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $30,032
    $989,600
    $498,600
    $1,488,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $775,000
      1,950 SF

      147 Central Ave, Unit 153

      RESTAURANT • 1,950 SF
      147 Central Ave, Lynn, MA 01901-1007
      View Details
    • Value Estimation
      $1,075,000
      3,891 SF

      144 Market St

      RESTAURANT • 3,891 SF
      144 Market St, Lynn, MA 01901-1529
      View Details
    • Value Estimation
      $295,000
      816 SF

      431 Un St

      RESTAURANT • 816 SF
      431 Un St, Lynn, MA 01901-1304
      View Details
    • Value Estimation by Request
      2,236 SF

      333 Lynnway, Unit 341

      RESTAURANT • 2,236 SF
      333 Lynnway, Lynn, MA 01901-1705
      View Details
    • Value Estimation
      $570,000
      14,936 SF

      168-172 Broad St

      RESTAURANT • 14,936 SF
      168-172 Broad St, Lynn, MA 01901
      View Details
    • Value Estimation
      $385,000
      3,173 SF

      47 Central Ave, Unit 53

      RESTAURANT • 3,173 SF
      47 Central Ave, Lynn, MA 01901-1121
      View Details

    Similar Nearby for Sale

    • $1,899,000

      Downtown Lynn Commercial Building

      Two-story commercial building with restaurant, bar, and office space.
      70 Market St, Lynn, MA 01901
      View Details
    • $775,000
      2,943 SF

      Lynn Retail Condo For Sale

      2,943 SF retail condo in Lynn's CBD zone.
      52-56 Central Sq, Lynn, MA 01901
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    • $2,199,000

      Free-Standing Commercial Building For Sale

      5,600 SF commercial building on a 15,000 SF corner lot.
      135 Pleasant St, Lynn, MA 01901
      View Details
    • $225,000

      Seaside Office Condominium with Views

      Third-floor office condo with ocean views in desirable seaside complex.
      152 Lynnway 3B, Lynn, MA 01901
      View Details
    • $3,100,000

      Stabilized Multifamily Asset in Lynn

      46 furnished SRO units with strong cap rate.
      374-378 Washington St, Lynn, MA 01901
      View Details
    • Contact for pricing

      Downtown Lynn Development Opportunity

      0.88-acre development site near MBTA station in Lynn, MA.
      380 Washington St, Lynn, MA 01901
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo

      High-Traffic Lynn Storefront for Lease

      Corner storefront in Lynn, ideal for restaurant or retail.
      250 Union St, Lynn, MA 01901
      View Details
    • $60 SF/Yr
      4,844 SF

      Prime Lynn Commercial Warehouse

      4,844 SF Warehouse, Excellent Location
      212 Broad St, Lynn, MA 01901
      View Details
    • $22 SF/Yr

      Downtown Lynn Retail Space Available

      Recently built retail space in downtown Lynn, near MBTA.
      38-54 Exchange 1A, Lynn, MA 01901
      View Details
    • $5,900 /Mo

      Downtown Lynn Retail/Office Space

      Ground floor space in Lynn's CBD district for rent.
      23 Farrar St, Lynn, MA 01901
      View Details
    • Contact for pricing

      Visible Storefront on Lynnway

      Storefront with high visibility and direct access to Route 1A.
      395 Lynnway, Lynn, MA 01901
      View Details
    • $6,650 /Mo

      Corner Brick Building For Lease

      Sun-drenched retail and office layout with exceptional street visibility.
      441 Union St, Lynn, MA 01901
      View Details

    Property Visit Statistics

    • Visits by month
      17.4k
    • Visitors by month
      13.8k
    • Avg Time on site
      11 min
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    377 Lynnway
    Lynn, MA 01901-1707
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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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