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Executive Summary

Long standing furniture warehouse and store containing 29,600 s.f. of floor area plus a newly built storage basement. The site which is zoned IL, contains 38,501 s.f. of flat usable land. Currently, the owner leases outside storage space to four tenants totaling $6,200/month. The space is heated by gas Modine heaters. The building is fully sprinklered. This is a great opportunity to own a large amount of building square footage at a reasonable cost. The site also lends itself to redevelopment given that it is in an Opportunity Zone. Manufacturing, Light Industrial Use and Truck Parking are allowed by right. There is an electric lift to move inventory to the second level.

Property Facts

Price $2,600,000
Price Per SF $87.84
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.47 AC
Rentable Building Area 29,600 SF
No. Stories 2
Year Built 1900
Tenancy Single
Parking Ratio 1.69/1,000 SF
Opportunity Zone Yes
Zoning A - IL Zoning. Light Manufacturing, Assembly, Truck Parking all allowed by right.

Amenities

  • Fenced Lot

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Manufacturing
  • -
  • -
  • -

Atlantic Liquidator’s, is a well-established office furniture specialist dedicated to providing our customers with a first class buying experience! Our corporate mission is to meet and exceed your expectations by providing you superior products and personalized service! We are supported by a history of success in providing corporations locally and nationally with all of their office furniture needs and re-purpose only quality lines of furniture from names like Herman-Miller, Steelcase, Knoll, Kimball, National, Jofco and many more…. At Atlantic-Liquidators, we can provide for all your office needs - Conference Tables / Desks / Private Office Suites / Cubicle Workstations / Reception Desks and Office Chairs of all styles and brands.

Tenant Industry SF Occupied Rent/SF Lease End
Manufacturing - - -
Moderately walkable
60/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
MANC-000028-000000-000027
Land Assessment
$509,600
Improvements Assessment
$407,900
Total Assessment
$917,500
  • Listing ID: 40597072

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 29 Bennett St, Lynn, MA 01905

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