Brought to you by: Pam Cote & Associates - RE/MAX 360
100 Cummings Center
Beverly, MA 01915

(978) 808-9345   (978) 882-4491

Lynn, MA. 01902
MLS # 72636382
Comm./Ind. Commercial
Status Active
List Price $1,375,000 Zoning BD
List Date   Days on Market  
Sale Price   Est. Street Front 0
Sold Date   Depth 0
Assessed Value $738,500 Waterfront  
Lot Size 14,834SF Parking Spaces 16
Square Footage 8,642 # Units 5
Taxes $19,105.00 Tax Year 2020
Loan Calculator
Total Price $
Down Payment $
Principal $
Interest %
Period (years)
Monthly Payment $
Monthly Taxes $

123-131 Commercial Street, Lynn. Located seconds to Route 1A, the Lynnway; minutes to Boston & Logan Airport, This property has an amazing location & visibility! This freestanding building houses 5 units, currently occupied by a variety of business. Built new in 2005, block construction; trussed roof; slab; contains 8,642 sq. ft. of space (supplied by owner / please do due diligence) square foot per public record is 6,950. Property contains 14,834 sq. ft. of land w/ plenty of off street parking. 21E completed in 2005. MDC Oil Trap; Special Permits w/ City for; Auto Body & Spray Booth, Auto Repair, Auto Leasing. Special Permit on file w/ Commonwealth of MA; ADA, at Salem Deeds. All units have individual ADA bathrooms; 6 half baths p/ public record. Gas; all units have individual electric, AC & water. 53' storage trailer included in sale. Great investment opportunity or to locate your business. Difficult property to find with location & easy access to major transportation routes.

# Restrooms : 6
Construction : Stone/Concrete
Driving Doors : 0
Easements : 0
Elevator : No
Loading Docks : 0
Location : Downtown, Urban, Highway Access
Parking : 11-20 Spaces, Paved Driveway, On Site
Roof : Asphalt/Fiberglass Shingles
Traffic Count : 0
Utilities : Public Water, Public Sewer

Building Assessed Value : $488,500
Gross Annual Exp. : $5,000
Gross Annual Income : $108,000
Land Assessed Value : $250,000
Net Oper. Income : $103,000

Association Info : Association Available?: No
Deed : Book: 22294, Page: 23
Space Available : For Sale

QR Code™

Per MLS Rules, only Members can view ALL the property information and use ALL search engine features.
Sign up now for a free account!    Already a Member? Click here to login
Use the Property Search button to access our Public Web Site and search all MLS properties for sale. You must become a Member to: View Addresses, Agents Remarks and Other Listing Information; Analyze Properties; save properties to your Hot Properties Portfolio; receive Hot Property Alerts whenever a property status changes; be sent Daily Email Updates for all properties matching your search criteria; use Advanced Searches with 23 different search criteria and access many other features. Membership is Free, so join now!

The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.