52-56 Central Sq, Lynn, MA 01901
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52-56 Central Sq, Lynn, MA 01901
52-56 Central Sq, Lynn, MA 01901
52-56 Central Sq, Lynn, MA 01901
52-56 Central Sq, Lynn, MA 01901
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 800,000
Est. payment /mo
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52-56 Central Sq Lynn, MA 01901

3,920 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73466366

HOA Y/N false

Year Built 1890

Annual Tax Amount $7,567

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Located downtown Lynn, this 3,000 +sq. ft. turnkey commercial property offers immediate income and long-term potential. The sale includes 2 separate spaces: a leased retail currently rented month-to-month for $2,300/m, providing steady income with flexibility for future rent increases, and fully equipped restaurant leased at $4,000/month with a 2-year lease in place. Currently the restaurant includes full bar, seating for 50 guests, making it ideal for a variety of dining concepts. A separate storage area adds additional utility. Situated just minutes from the commuter rail, apartment buildings, and Lynn's bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Boston's fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyer's representatives are strongly encouraged to conduct their own independent due diligence. Landlord pays $1700/m condo fee.

Location

State MA

County Essex

Zoning CBD

Direction Central Av to Central Square

Others

Senior Community false

Listed by Real Broker MA, LLC

NEARBY SCHOOL & BUSINESS

Lisa Sevajian

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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52-56 Central Sq

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