123456 Development Opportunity WayLynn, MA 01905MLS Number 72769126

  • Price: $2,200,000
  • 117 Days on Market
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Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
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123456 Development Opportunity Way Lynn MA 01905
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  • 0.34Acreage
  • 1875Year Built
  • 14,777Square Feet
  • 50Parking Spaces

Driving Directions

Outstanding development and/or investment opportunity. Commercial zoned with existing mixed use residential and commercial existing business on site. 4 residential units (2 bedrooms each) plus business with full liquor license and lottery. Long time established bar and restaurant included in sale. Additional connected property included is commercial building with existing tenant, and two more buildable lots that are already zoned for development. Entire combination of properties could be expanded into 25-30+ units. Permitting would need city approval. Expand on existing setup or demolish and build condo or rental units. The potential on this opportunity is fantastic All business number and rental income can be shared only with fully signed NDA as required by ownership. Don't let this one pass you by. Total square footage of combined properties is 14,777 sq feet.

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

More Info

Parking

  • Parking Spaces50
  • Parking Feature21+ Spaces
  • Total Parking Spaces50

Building

  • Year Built1875
  • Total Units6
  • Total Bldg Sf14777
  • Rsu Units4
  • Reu Units2
  • No Buildings2
  • No Stories2
  • Entry OnlyNo
  • Assessed Value Bldg506300

Photos

  • Photo Date2020-12-24T12:30:00
  • Number of Photos1

Basic Information

  • MLS Number72769126
  • Prop TypeCI
  • Status Date2020-12-24T12:30:00
  • Date Listed12/24/2020
  • List Price$2,200,000
  • Price Per Square Foot$149
  • LeaseNo
  • DirectionGPS to be provided with NDA
  • MLS StatusActive

Location

  • StreetDevelopment Opportunity Way
  • TownLynn
  • StateMA
  • Zip01905
  • Zip Code 42214
  • CountyEssex

Property

  • Acreage0.34
  • Space AvailableFor Sale
  • Site ConditionDry
  • Square Feet14,777
  • SubletNo
  • Lot Size14777
  • Assessed Value Land230900
  • Main LoAC0727

Other

  • Modification Date2020-12-28T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresNDA required
  • Book23602
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf750
  • Rsf Bldg Sf4000
  • Ref Bldg Sf5000
  • ExchangeNo
  • Firm Rmk1All numbers will be provided with signed NDA. Listing agent or agency required at all showings.
  • Page243

Lynn, MA Demographics

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Lynn, MA Real Estate Market Data

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Lynn, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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