978-895-2208
19 Bennett St, Lynn, MA for Sale
Light Manufacturing - FOR SALE
1/6
null | Request Cap Rate


HIGHLIGHTS

  • Existing Tenant income with possibility for owner/user to occupy part or all of building
  • Newer roofs with warranties
  • 100% Leased

OVERVIEW

Burgess Properties, LLC has been exclusively retained to offer for sale or lease 19 Bennett Street, an ±85,400 SF multi-level industrial / warehouse facility on a combined ±1.54 AC site with the adjacent parcel at 137 Commercial Street included. Located in Lynn's North Shore industrial corridor, the property offers six (6) tailboard loading positions, mixed clear heights from ±10' to 22', a 110 kW owned solar array, heavy 1,200-amp three-phase power, an existing freight elevator, and full sprinkler coverage. Originally constructed circa 1920 with a two-story metal addition added in 1965 and a 2017 partial rebuild, the building accommodates warehouse, distribution, light manufacturing, and ancillary office uses. With no existing debt and a flexible tenancy that can be terminated for a qualified owner-occupant, the asset offers a rare opportunity for direct occupancy or income-oriented investment in one of Boston's last-mile industrial submarkets.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Manufacturing, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.34

LAND SF

58,370

ZONING

HI, Lynn

APN/PARCEL ID

LYNN-000052-000771-000016

ASK ABOUT THIS PROPERTY

Steve NohrdenBurgess Properties, LLCMore Info
978-895-2208

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Steve NohrdenBurgess Properties, LLCMore Info
978-895-2208

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