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This Industrial Property is no longer advertised on LoopNet.com.

59 Newhall St
Lynn, MA 01902

Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.41 AC
Rentable Building Area 8,544 SF
No. Stories 1
Year Built 1958
Tenancy Single
Parking Ratio 1.52/1,000 SF
Clear Ceiling Height 15 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Cross Streets Sagamore St

About 59 Newhall St , Lynn, MA 01902

***MAJOR PRICE ADJUSTMENT***Attention Developers!!! Here's your chance to get in on the new development happening in Lynn. This property is located in a prime location of the High Rise District, nestled in between downtown Lynn and Waterfront. Adjacent to the new Gateway North Development. A short walking distance to the Commuter Rail (Central Square Lynn), North Shore Community College as well as King and Long Beach. In other words LOCATION, LOCATION, LOCATION!!! Lot can be accessed from both Newhall st. and Sagamore st. Giving flexibility to future building and parking arrangements. Currently being used as a commercial warehouse, but waiting to be redeveloped. This property may also be great for a 1031 exchange. You can park your money and collect over $3,000 a month in rent, which the property is currently making. Make an appointment today and bring your architect. Let the developing begin!!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LYNN-000081-000589-000008
Land Assessment
$318,100
Improvements Assessment
$218,300
Total Assessment
$536,400

zoning

Zoning Code R-5
R-5
  • Listing ID: 17542426

  • Date on Market: 10/24/2019

  • Last Updated:

  • Address: 59 Newhall St, Lynn, MA 01902

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