14-20 Central Ave - Medical FOR SALE


Lynn, MA 01901- Downtown Lynn
$5,700,000 USD
781-854-1037
14-20 Central Ave, Lynn, MA for Sale
$5,700,000 USD
Medical - FOR SALE
1/56
null | 6.39% Cap Rate

Sep '26


14-20 Central Ave
Lynn, MA 01901
Downtown Lynn


HIGHLIGHTS

  • Located downtown with close proximity to public parking lot and MBTA garage
  • 6th floor has a 9 year lease remaining
  • first floor built out for outpatient practices. Ideal for dentist, optometrist, doctors office and many other medical uses.

OVERVIEW

12-30 Central Avenue is a 54,516 sqft classic brick and steel office building constructed early in the twentieth century and has been totally renovated and upgraded throughout the years. The building is located on three streets with a classic flatiron shape. 12-30 Central features an elegant lobby featuring two elevators which cover all six floors plus the basement area. For the past ten years, Lynn Community Health has occupied most of the building including it’s first floor eye clinic. The building is fully handicap accessible. 12-30 Central is well located and a short distance from the MBTA commuter rail stop, public parking lots and garage, City Hall and Lynn District Court. With many of the downtown office buildings having been converted into housing, 12-30 Central offers an opportunity for an owner-occupied office building or a multi-tenant office building offering suites from one room to full floor occupancy.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

6.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CBD

APN/PARCEL ID

LYNN-000068-000629-000001

ASK ABOUT THIS PROPERTY

Jake VanMeterDrumlin Group Inc.More Info
781-854-1037

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Jake VanMeterDrumlin Group Inc.More Info
781-854-1037

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.