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19 Bennett St 85,498 SF 100% Leased Flex Building Lynn, MA 01905 For Sale
Investment Highlights
- Existing Tenant income with possibility for owner/user to occupy part or all of building
- 100% Leased
- Newer roofs with warranties
Executive Summary
Burgess Properties, LLC has been exclusively retained to offer for sale or lease 19 Bennett Street, an ±85,400 SF multi-level industrial / warehouse facility on a
combined ±1.54 AC site with the adjacent parcel at 137 Commercial Street included. Located in Lynn's North Shore industrial corridor, the property offers six (6)
tailboard loading positions, mixed clear heights from ±10' to 22', a 110 kW owned solar array, heavy 1,200-amp three-phase power, an existing freight elevator,
and full sprinkler coverage. Originally constructed circa 1920 with a two-story metal addition added in 1965 and a 2017 partial rebuild, the building
accommodates warehouse, distribution, light manufacturing, and ancillary office uses. With no existing debt and a flexible tenancy that can be terminated for a
qualified owner-occupant, the asset offers a rare opportunity for direct occupancy or income-oriented investment in one of Boston's last-mile industrial
submarkets.
combined ±1.54 AC site with the adjacent parcel at 137 Commercial Street included. Located in Lynn's North Shore industrial corridor, the property offers six (6)
tailboard loading positions, mixed clear heights from ±10' to 22', a 110 kW owned solar array, heavy 1,200-amp three-phase power, an existing freight elevator,
and full sprinkler coverage. Originally constructed circa 1920 with a two-story metal addition added in 1965 and a 2017 partial rebuild, the building
accommodates warehouse, distribution, light manufacturing, and ancillary office uses. With no existing debt and a flexible tenancy that can be terminated for a
qualified owner-occupant, the asset offers a rare opportunity for direct occupancy or income-oriented investment in one of Boston's last-mile industrial
submarkets.
Property Facts
Amenities
- 24 Hour Access
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | LYNN-000052-000771-000016 | Improvements Assessment | $2,319,900 |
| Land Assessment | $1,059,000 | Total Assessment | $3,378,900 |
Property Taxes
Parcel Number
LYNN-000052-000771-000016
Land Assessment
$1,059,000
Improvements Assessment
$2,319,900
Total Assessment
$3,378,900
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19 Bennett St
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