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391 Essex St
Lynn, MA 01902
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Heavy day-time foot traffic, high traffic area
  • A lot of room for improvements
  • Vibrant community, downtown Lynn

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,580 SF
Year Built
1913
Building Height
1 Story
Building FAR
0.99
Lot Size
0.08 AC
Zoning
BD
Parking
7 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
35’ on Essex St

AMENITIES

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Storage Space

ABOUT 391 ESSEX ST , LYNN, MA 01902

391-395 Essex St Lynn. 3 separate buildings with 3 businesses and fully tenanted. TAW - Unit 1. Liquor Store with 2nd floor 694 sq ft of storage space and two half baths. Unit 2. Radio and Tint w/ 466 sq ft GARAGE and one1/2 bath. Unit 3. Bodega with one 1/2 bath. Excellent opportunity to be part of the revival of downtown Lynn. All of downtown Lynn just outside the door, and just 1/2 mile from the MBTA Commuter Rail. Several residential projects (over 500 units projected) underway in the immediate area. Excellent visibility and traffic count -- both foot and vehicle count. Newer roof combination of rubber and asphalt, updated systems including heating system. Separate furnaces and electric. Units share water heater. Exterior Combination of concrete and vinyl siding. Parking Lot with space for 7+ cars. Property being sold "AS IS". Accompanied showings appointment & pre-approval or proof of funds required, showing 3/6/ Friday 5-5:30 & Saturday 3/7 2 pm

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LYNN-000083-000716-000009
Land Assessment
$171,000
Improvements Assessment
$108,400
Total Assessment
$279,400
  • Listing ID: 18740149

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 391 Essex St, Lynn, MA 01902

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