52-56 Central Sq - Apartments CONDO FOR SALE


Lynn, MA 01901- Downtown Lynn
$775,000 USD
617-393-4200
52-56 Central Sq, Lynn, MA for Sale
$775,000 USD
Apartments CONDO - FOR SALE
1/12
null | Request Cap Rate

52-56 Central Sq
Lynn, MA 01901
Downtown Lynn


HIGHLIGHTS

  • This condo unit is ideal for retail or restaurant use.
  • Flexible layout options are available.
  • The property is situated in a strategic location in Lynn's bustling Central Square area.

OVERVIEW

CRG Commercial is pleased to present this prime investment opportunity at 52 Central Sq, Lynn, MA. This 2,943 SF retail condo is located in a mixed use building constructed in 1890. It offers versatile space ideal for retail or restaurant ventures. With its prime location in the CBD zone, the property presents an enticing prospect for entrepreneurs seeking a dynamic and high-traffic locale to establish their business. Boasting a single unit, the subject is currently split in half. Roughly 1,500 SF is build out as a Tailor shop and roughly 1,500 SF is built out as a restaurant. There is also substantial deeded storage in the basement. Don't miss the chance to own a piece of Lynn's bright future and be part of the city's thriving commercial landscape. Embrace the endless potential this property holds for your retail or restaurant investment.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

12,840 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CBD

APN/PARCEL ID

LYNN-000068-000626-000002-000003-000003

ASK ABOUT THIS PROPERTY

Matthew JavitchCRG CommercialMore Info
617-393-4200

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Matthew JavitchCRG CommercialMore Info
617-393-4200

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