260-276 Lynnway - Manufacturing FOR SALE


Lynn, MA 01901- Lynn Waterfront
$4,950,000 USD
617-548-1784
260-276 Lynnway, Lynn, MA for Sale
$4,950,000 USD
Manufacturing - FOR SALE
1/30
null | Request Cap Rate

260-276 Lynnway
Lynn, MA 01901
Lynn Waterfront


HIGHLIGHTS

  • Redevelopment Project/Development opportunities for apartments in area of opportunity zone. Building height maximum 8 story
  • Perfect for owner occupant. Considerable frontage & exposure direct on Lynnway.
  • Lots of windows with natural lighting & privacy windows in front of building.
  • In addition ,there is a rental unit with private exterior entrance and 1/2 bath and rough plumbing for full bath.
  • Free standing builidng with 50+ car parking
  • Steel beam concrete block construction

OVERVIEW

Redevelopment Project/Development opportunities for apartments in area of opportunity zone In past approx 100+ apartments a mixture of STUDIOS ,1BRS & 2 BRS were being proposed with building height of 8 . Building height maximum Perfect for hotel, health care/hospital. Seller will entertain "investors "due diligence period" or it is a fantastic free standing building.Perfect for owner occupant.Key highlights: • Prime location: Just minutes from the beach and ocean, offering stunning views and high guest appeal. • Convenient access: Easy reach to a major international airport, making it ideal for both domestic and international travelers. • Cultural & entertainment appeal: Located near a thriving local city with theaters, dining, and other attractions just minutes away. This property combines the tranquility of a coastal setting with the convenience of urban accessibility — a rare and valuable combination for hospitality development. Considerable frontage & exposure direct on Lynnway. Recently renovated & designed to owner occupant's needs Adjacent to Lynn Harbor & Waterfront Park.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

260 - 276 Lynnway Lynn

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Freestanding, Medical, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

4

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.96

LAND SF

41,818

ZONING

Waterfront Zone 1A

APN/PARCEL ID

LYNN-000067-000749-000044

ASK ABOUT THIS PROPERTY

Julie TsakirgisRE/MAX Property Shoppe, Inc.More Info
617-548-1784

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Julie TsakirgisRE/MAX Property Shoppe, Inc.More Info
617-548-1784

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