Lynn, MA
Commercial Real Estate Market Trends & Data

$275 Avg asking sale price
$20 Avg asking lease rate
16,959 SF Avg unit lease size
40,840 SF Avg building size for sale
6.44% Average cap rate

Lynn's Demographic Profile

Lynn has 33,445 households and a median income of $63,576, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 95,569
# Households 33,445
Median age 37
Median household income $63,576
Avg household size 3.0
Renter-occupied housing units 18,253
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lynn, MA

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Lynn $299 7,960 SF
Saugus $527 24,016 SF
Swampscott $623 4,488 SF
Peabody $332 13,721 SF
Revere $808 22,432 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lynn $262 76,418 SF 6.49%
Peabody $400 4,420 SF 6.22%
Revere $373 11,723 SF 6.76%
Revere Beach $373 11,723 SF 6.76%

Commercial Properties For Sale in Lynn

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

14-20 Central Ave

Lynn, MA 01901

  • 47,706 SF Office Building
  • 6.39% Cap Rate
  • $5,700,000
For Sale

53 Central Ave

Lynn, MA 01901

  • 6,346 SF Retail Building
  • $1,550,000
For Sale

922 Lynnfield St

Lynnfield, MA 01940

  • 0.63 AC Lot
  • 1 Commercial Lot
  • $1,999,000
For Sale

29 Bennett St

Lynn, MA 01905

  • 29,600 SF Industrial Building
  • $2,600,000
For Sale

Approved for Auto Body Use

Salem, MA 01970

  • 4,488 SF Retail Building
  • $2,795,000
For Sale

IronBound MarketPlace

Lynn, MA 01901

  • 25,000 SF Retail Building
  • $5,900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lynn pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lynn $275 40,840 SF
Saugus $455 26,555 SF
Swampscott $283 63,042 SF
Peabody $306 14,006 SF
Revere $790 21,007 SF

Regional Demographic Comparison

This comparison places Lynn alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lynn or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lynn 95,569 33,445 37 $63,576 3 18,253 -2%
Peabody 54,262 22,192 46 $85,820 2 7,887 -1%
Revere 53,623 19,846 40 $73,368 3 11,418 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lynn, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lynn

View All Commercial Real Estate For Sale in Lynn
Is Lynn a good market for a first-time commercial real estate investor?

Lynn offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lynn?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lynn. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lynn?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lynn. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lynn compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lynn. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lynn acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lynn, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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