59 Newhall StreetLynn, MA 01902MLS Number 72453823

  • Price: $1,425,000
  • 347 Days on Market
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Federal 30-year interest rate: 3.6% last updated on Jan 23, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.41Acreage
  • 1958Year Built
  • 8,544Square Feet
  • 13Parking Spaces

Driving Directions

***MAJOR PRICE ADJUSTMENT***Attention Developers!!! Here's your chance to get in on the new development happening in Lynn. This property is located in a prime location of the High Rise District, nestled in between downtown Lynn and Waterfront. Adjacent to the new Gateway North Development. A short walking distance to the Commuter Rail (Central Square Lynn), North Shore Community College as well as King and Long Beach. In other words LOCATION, LOCATION, LOCATION!!! Lot can be accessed from both Newhall st. and Sagamore st. Giving flexibility to future building and parking arrangements. Currently being used as a commercial warehouse, but waiting to be redeveloped. This property may also be great for a 1031 exchange. You can park your money and collect over $3,000 a month in rent, which the property is currently making. Make an appointment today and bring your architect. Let the developing begin!!!

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces13
  • Parking Feature11-20 Spaces, Paved Driveway, On Site

Building

  • Year Built1958
  • ConstructionStone/Concrete
  • Total Units1
  • Total Bldg Sf8544
  • Wau Units1
  • No Of Driving Doors2
  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg139500

Photos

  • Photo Date2019-02-15T16:22:00
  • Number of Photos5

Basic Information

  • StatusACT
  • MLS Number72453823
  • Prop TypeCI
  • Status Date2020-01-20T11:45:00
  • Date Listed02/15/2019
  • List Price$1,425,000
  • Price Per Square Foot$167
  • LeaseNo
  • DirectionLynnway or Broad St. to Newhall

Location

  • StreetNewhall Street
  • TownLynn
  • StateMA
  • Zip01902
  • CountyEssex
  • LocationDowntown, Public Transportation

Property

  • Acreage0.41
  • Space AvailableFor Sale
  • Square Feet8,544
  • SubletNo
  • Lot8
  • Lot Size17932
  • Assessed Value Land169900
  • Main LoBB5859

Other

  • Modification Date2020-01-24T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresSubject to 1031 exchange.Land and building for sale. Any and all businesses on said property are not part of the sale. Shared driveway on Newhall st. entrance
  • Book22169
  • Listing AgreementExclusive Right to Sell
  • Block589
  • Waf Bldg Sf8544
  • Plat PlanYes
  • ExchangeYes
  • Firm Rmk1Multiple businesses on premises, please do not walk site without an appointment.
  • Page355
  • View Count7

Lynn, MA Demographics

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Lynn, MA Real Estate Market Data

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Lynn, MA Schools

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