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52-56 Central Sq

2,943 SF Retail Condo Unit Offered at $775,000 in Lynn, MA 01901

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Property Facts

Price	$775,000	Building Class	B
Unit Size	2,943 SF	Floors	4
No. Units	1	Typical Floor Size	3,210 SF
Total Building Size	12,840 SF	Year Built	1890
Property Type	Multifamily (Condo)	Lot Size	0.09 AC
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type	Investment or Owner User

Price	$775,000
Unit Size	2,943 SF
No. Units	1
Total Building Size	12,840 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment or Owner User
Building Class	B
Floors	4
Typical Floor Size	3,210 SF
Year Built	1890
Lot Size	0.09 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Unit Available

Unit First Fl

Unit Size	2,943 SF	Condo Use	Retail
Price	$775,000	Sale Type	Investment or Owner User
Price Per SF	$263.34

Unit Size	2,943 SF
Price	$775,000
Price Per SF	$263.34
Condo Use	Retail
Sale Type	Investment or Owner User

Description

Situated in prime downtown Lynn, this 3,000 sq ft turnkey commercial property offers immediate cash flow. It features two distinct spaces: a leased retail space providing consistent monthly income with potential for rent increases, and a fully-equipped restaurant with a full bar, 50 seats, and a liquor license, ideal for various dining concepts. A separate storage area is included. Just minutes from the commuter rail, luxury residential buildings, and a bustling downtown, this property benefits from high foot and car traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing areas, the property is also near the ocean, adding appeal for visitors and residents. With proximity to thriving neighborhoods, public beaches, and expanding commercial activity, this property is perfect for business owners seeking growth. Amazing opportunity for strong income, high visibility, and long-term value. Perfect for those looking to make a smart and profitable investment!