260 - 276 Lynnway Lynn 260-276 Lynnway 13,162 SF Industrial Building Lynn, MA 01901 $4,950,000 ($376.08/SF)

INVESTMENT HIGHLIGHTS

  • Recently renovated free standing building with 50 car parking
  • Lots of windows with natural lighting & privacy windows in front of building.
  • Unfinished upper level apartment w/ rough plumbing for full bath
  • Perfect for owner occupant. Considerable frontage & exposure direct on Lynnway.
  • In addition ,there is a rental unit with private exterior entrance and 1/2 bath and rough plumbing for full bath.
  • Steel beam concrete block construction

EXECUTIVE SUMMARY

Fantastic free standing building.Perfect for owner occupant.Considerable frontage & exposure direct on Lynnway. Recently renovated & designed to owner occupant's needs w/open warehouse/workshop space & 4 overhead garage doors, painting rm in one area of building. Connected to other side are recently renovated 2 stunning modern style offices,conference room,showroom which can be used for additional office space, full kitch,large full bth & storage room w/glass window. 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.Unfinished upper level apartment w/ rough plumbing for full bath. Steel beam concrete block construction w/3 CA units,eight hundred amp electric,rubber roof (1/2 Approx 5 years) Adjacent to Lynn Harbor&Waterfront Park. Possible water & Boston city scape views from 2nd level. 13,700+sq ft building Additional free standing 2 bay garage.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

PROPERTY FACTS

Price $4,950,000
Price Per SF $376.08
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Freestanding
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 0.96 AC
Rentable Building Area 13,162 SF
No. Stories 1
Year Built/Renovated 1959/2018
Tenancy Single
Parking Ratio 3.8/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning Waterfront Zone 1A

AMENITIES

  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Signage
  • Waterfront
  • Storage Space
  • Air Conditioning
Walk Score®
Very Walkable (87)

PROPERTY TAXES

  • Listing ID: 33502412

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 260-276 Lynnway, Lynn, MA 01901