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123456 Development Opportunity WayLynn, MA 01905MLS Number 72872459

  • Price: $2,500,000The price has recently decreased
  • 179 Days on Market
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.56% last updated on 2022-01-20

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123456 Development Opportunity Way Lynn MA 01905
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  • 14,777Square Feet
  • 0.34Acreage
  • 1875Year Built
  • 50Parking Spaces
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.
Listed by Peter Castrichini of Barry Realty Group,LLC

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Boston Lofts

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Boston Lofts
745 Boylston Street
Boston MA, 02116

Office: 617-417-9237 / 617-642-4538

More Info


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


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


  • Photo Date2021-07-28T09:17:00
  • Number of Photos1

Basic Information

  • MLS Number72872459
  • Prop TypeCI
  • Status Date2021-12-28T14:49:00
  • Date Listed07/28/2021
  • List Price$2,500,000
  • Price Per Square Foot$169
  • LeaseNo
  • DirectionGPS to be provided with NDA
  • MLS StatusActive


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


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


  • Modification Date2022-01-01T03:07:00
  • 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

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