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3-69 Mount Vernon St 18,500 SF Vacant Retail Building Lynn, MA 01901 $5,900,000 ($318.92/SF)
Executive Summary
Positioned within the heart of Lynn’s Central Business District, the parcel at 3-69 Mount Vernon Street offers a strategic development opportunity in one of Boston’s most accessible urban submarkets. Encompassing roughly 0.35 acres, this site provides a versatile footprint suitable for mixed-use, office, or retail development under flexible CBD zoning guidelines. The property resides in an area benefiting from ongoing revitalization efforts, with proximity to new residential projects, cultural amenities, and transit connectivity that continues to attract both investors and occupiers.
Located just blocks from Lynn’s Commuter Rail Station, the site delivers effortless connectivity to downtown Boston in less than 20 minutes. Major routes including Route 1A, Route 107, and the Lynnway provide regional access for vehicles, while the nearby MBTA bus network amplifies foot traffic and public transit options. Surrounded by a vibrant streetscape of restaurants, local businesses, and city services, this parcel is well-suited for a developer seeking to capitalize on Lynn’s expanding residential base and growing demand for neighborhood retail, service, or urban housing.
Located just blocks from Lynn’s Commuter Rail Station, the site delivers effortless connectivity to downtown Boston in less than 20 minutes. Major routes including Route 1A, Route 107, and the Lynnway provide regional access for vehicles, while the nearby MBTA bus network amplifies foot traffic and public transit options. Surrounded by a vibrant streetscape of restaurants, local businesses, and city services, this parcel is well-suited for a developer seeking to capitalize on Lynn’s expanding residential base and growing demand for neighborhood retail, service, or urban housing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
18,500 SF
Building Class
C
Year Built/Renovated
1964/2007
Price
$5,900,000
Price Per SF
$318.92
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.73 AC
Zoning
CBD
Parking
60 Spaces (4.63 Spaces per 1,000 SF Leased)
Frontage
561’ on Mt Vernon St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1
- 1,000 SF
- Office/Retail
- -
- Now
- 2
- 2,000 SF
- Office/Retail
- -
- Now
- 3
- 1,500 SF
- Office/Retail
- -
- Now
- 4
- 2,500 SF
- Office/Retail
- -
- Now
- 5
- 1,500 SF
- Office/Retail
- -
- Now
- 6
- 2,000 SF
- Office/Medical
- -
- Now
- 7
- 1,000 SF
- Office/Retail
- -
- Now
- 8
- 7,000 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1 | 1,000 SF | Office/Retail | - | Now |
| 2 | 2,000 SF | Office/Retail | - | Now |
| 3 | 1,500 SF | Office/Retail | - | Now |
| 4 | 2,500 SF | Office/Retail | - | Now |
| 5 | 1,500 SF | Office/Retail | - | Now |
| 6 | 2,000 SF | Office/Medical | - | Now |
| 7 | 1,000 SF | Office/Retail | - | Now |
| 8 | 7,000 SF | Office/Retail | - | Now |
1
| Size |
| 1,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
2
| Size |
| 2,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
3
| Size |
| 1,500 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
4
| Size |
| 2,500 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
5
| Size |
| 1,500 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
6
| Size |
| 2,000 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| Now |
7
| Size |
| 1,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
8
| Size |
| 7,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Very walkable
80/100
Somewhat drivable
30/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | LYNN-000082-000617-000014 | Improvements Assessment | $59,100 |
| Land Assessment | $223,400 | Total Assessment | $282,500 |
Property Taxes
Parcel Number
LYNN-000082-000617-000014
Land Assessment
$223,400
Improvements Assessment
$59,100
Total Assessment
$282,500
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Mt Vernon RE
3-69 Mount Vernon St
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