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$ 4,950,000
Est. payment /mo
Active
260-276 Lynnway Lynn, MA 01901
0.96 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73301141
HOA Y/N false
Year Built 1959
Annual Tax Amount $46,111
Tax Year 2024
Lot Size 0.960 Acres
Acres 0.96
Property Description
Redevelopment Project/Development opportunity for apartments in area of opportunity zone. Building height maximum 8 story building with potential for proper zoning for residential apartments . Seller will entertain "investors "due diligence period" or Fantastic free standing building.Perfect for owner occupant.Considerable frontage & exposure direct on Lynnway. Recently renovated & designed to owner occupant Connected to other side are recently renovated 2 stunning modern style offices,conference room,showroom which can be used for additional office space, full kitch,large full bth & storage room Lots of windows with natural lighting & privacy windows in front of building. In addition ,there is a rental unit with private exterior entrance and 1/2 bath and rough plumbing for full bath.Unfinished upper level w/ rough plumbing for full bath. Steel beam concrete block construction w/3 CA units,eight hundred amp electric,rubber roof (1/2 Approx 5 years) Adjacent to Lynn Harbor&Waterfron
Location
State MA
County Essex
Zoning mixed use
Direction lynnway near traffic light where market street meets
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Rubber
Total Parking Spaces 50
Others
Senior Community false
Listed by RE/MAX Property Shoppe, Inc.