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Sep-29-2020 03:02:44 am
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123-131 Commercial Street
Lynn, MA. 01902
MLS # 72636382
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Active
Commercial/Industrial Commercial
| List Price |
$1,375,000 |
Zoning |
BD |
| List Date |
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Lot Size |
14,834SF |
| Sale Price |
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Est. Street Front |
0 |
| Sold Date |
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Depth |
0 |
| Assessed Value |
$738,500 |
Waterfront |
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| Days on Market |
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Taxes |
$19,105.00 |
| Square Footage |
8,642 |
Tax Year |
2020 |
| # Units |
5 |
Parking Spaces |
16 |
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Remarks:
123-131 Commercial Street, Lynn. Located seconds to Route 1A, the Lynnway; minutes to Boston & Logan Airport, This property has an amazing location & visibility! This freestanding building houses 5 units, currently occupied by a variety of business. Built new in 2005, block construction; trussed roof; slab; contains 8,642 sq. ft. of space (supplied by owner / please do due diligence) square foot per public record is 6,950. Property contains 14,834 sq. ft. of land w/ plenty of off street parking. 21E completed in 2005. MDC Oil Trap; Special Permits w/ City for; Auto Body & Spray Booth, Auto Repair, Auto Leasing. Special Permit on file w/ Commonwealth of MA; ADA, at Salem Deeds. All units have individual ADA bathrooms; 6 half baths p/ public record. Gas; all units have individual electric, AC & water. 53' storage trailer included in sale. Great investment opportunity or to locate your business. Difficult property to find with location & easy access to major transportation routes.
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| Building Info |
Office Sq. Ft. 3274
Office Units 2
Retail Sq. Ft. 1000
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Retail Units 1
Resi. Units 0
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Wrhse. Sq. Ft. 4368
Wrhse. Units 2020
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Total Units 5
Total Sq. Footage 0
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| Features |
# Restrooms 6
Construction
Stone/Concrete
Driving Doors 0
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Easements 0
Elevator No
Loading Docks 0
Location Downtown,
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Urban, Highway Access
Parking 11-20 Spaces,
Paved Driveway, On Site
Roof Asphalt/Fiberglass
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Shingles
Traffic Count 0
Utilities Public Water,
Public Sewer
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| Financial Info |
Building Assessed Value
$488,500
Gross Annual Exp. $5,000
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Gross Annual Income
$108,000
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Land Assessed Value
$250,000
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Net Oper. Income
$103,000
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| Additional Information |
Association Info Association
Available?: No
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Deed Book: 22294, Page: 23
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Space Available For Sale
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Property Last Updated by Listing Office: 9/16/20 3:05am
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Courtesy: MLSPIN
Contact agent for more information about this listing
Listing Office: RE/MAX 360
Listing Agent: Katie DiVirgilio Team
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