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260 - 276 Lynnway Lynn 260-276 Lynnway 13,162 SF Industrial Building Lynn, MA 01901 $4,950,000 ($376.08/SF)
Investment Highlights
- Redevelopment Project/Development opportunities for apartments in area of opportunity zone. Building height maximum 8 story
- Lots of windows with natural lighting & privacy windows in front of building.
- Free standing builidng with 50+ car parking
- 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
Redevelopment Project/Development opportunities for apartments in area of opportunity zone In past approx 100+ apartments a mixture of STUDIOS ,1BRS & 2 BRS were being proposed with building height of 8 . Building height maximum Perfect for hotel, health care/hospital. Seller will entertain "investors "due diligence period" or it is a fantastic free standing building.Perfect for owner occupant.Key highlights:
• Prime location: Just minutes from the beach and ocean, offering stunning views and high guest appeal.
• Convenient access: Easy reach to a major international airport, making it ideal for both domestic and international travelers.
• Cultural & entertainment appeal: Located near a thriving local city with theaters, dining, and other attractions just minutes away.
This property combines the tranquility of a coastal setting with the convenience of urban accessibility — a rare and valuable combination for hospitality development.
Considerable frontage & exposure direct on Lynnway. Recently renovated & designed to owner occupant's needs Adjacent to Lynn Harbor & Waterfront Park.
• Prime location: Just minutes from the beach and ocean, offering stunning views and high guest appeal.
• Convenient access: Easy reach to a major international airport, making it ideal for both domestic and international travelers.
• Cultural & entertainment appeal: Located near a thriving local city with theaters, dining, and other attractions just minutes away.
This property combines the tranquility of a coastal setting with the convenience of urban accessibility — a rare and valuable combination for hospitality development.
Considerable frontage & exposure direct on Lynnway. Recently renovated & designed to owner occupant's needs Adjacent to Lynn Harbor & Waterfront Park.
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
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Bus Line
- Commuter Rail
- Fenced Lot
- Signage
- Waterfront
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | LYNN-000067-000749-000044 | Total Assessment | $2,260,300 (2025) |
| Land Assessment | $1,287,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $973,300 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
LYNN-000067-000749-000044
Land Assessment
$1,287,000 (2025)
Improvements Assessment
$973,300 (2025)
Total Assessment
$2,260,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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