MA
Essex
Lynn
01905
723-727 Summer
723-727 Summer, Lynn, MA 01905
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
38
$1,500,000

Home Details for 723-727 Summer

Price
$1,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
19473
Year built
1873
Lot size acres
0.25
County
Essex
Garage
Days on site
90
MLS Listing#
73401733
Property Description

This is a mixed use building with a mix of commercial tenants as well as a one-bedroom apartment. Tenant mix consists of automotive, retail, boxing gym, roofing company, storage, and a 6000+ SF owner's suite, which will be vacant upon the sale. The property is located in the Light Industrial zoning district, which allows for many different uses. This property has been owned by the same owner since 1983 and was used as his own engine and parts business for years. The rents are currently 50% below market rate, providing a tremendous amount of upside for an investor or owner-user who can utilize the vacant space for their business. There are three loading docks in the rear of the building with access to the owner's suite. All interested parties will have the opportunity to obtain additional information upon request.

Property Features
  • Water Features
    • Public
Listing Courtesy: New England Realty Advisors LLC - 781-334-8044
Presented by: Bradford Carlson
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Median Listing Price
Median Days on Site
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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