Property profile

61 Franklin St Lynn, MA 01902

OFF-MARKET
Turn key restaurants
Property ID
US38-0703053
742 SF 0.06 ac lot Built 1928
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1928
Construction FRAME
Total area 742 SF
Lot 0.06 ac (2,467 SF)
Zoning code BD3
APN LYNN M:069 B:641 L:001
UPID US38-0703053

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

Location

61 Franklin St Lynn, MA 01902-4107
Lynn metro Census 206100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
3 recorded transactions
2025
$280,000
2006
$1
2006
$1

Zoning & alternative use

BD3 · 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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