Property profile

515 Chestnut St Lynn, MA 01904

OFF-MARKET
Turn key restaurants
Property ID
US38-1865858
1,665 SF 0.2 ac lot Built 1979
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction FRAME
Total area 1,665 SF
Lot 0.2 ac (8,759 SF)
Zoning code BD
APN LYNN M:085 B:169 L:039
UPID US38-1865858

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
  • Grocery & Convenience Store

Location

515 Chestnut St Lynn, MA 01904-2716
Lynn metro Census 205200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Zoning & alternative use

BD · 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
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