REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,395,000
Est. payment /mo
Price Dropped by $100K
723-727 Summer St Lynn, MA 01905
19,473 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,473 sqft
Price per Sqft $71
MLS Listing ID 73511228
HOA Y/N false
Year Built 1873
Annual Tax Amount $19,351
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Value-add investment opportunity. ±19,473 SF mixed-use commercial property located on a corner parcel in Lynn, MA. The property includes a mix of automotive service bays, retail frontage, fitness/training space, warehouse/flex areas, and one residential unit. The current layout supports multiple tenants and uses, with potential to improve income through re-leasing, space reconfiguration, or operational efficiencies. Situated within Light Industrial (LI) zoning, the property allows for a range of commercial and industrial uses, making it suitable for both investors, owner-users, or possible redevelopment. Three overhead doors, fenced-in parking, and six separate meters. The asset offers in-place income with upside tied to lease-up, repositioning, or operational optimization. All information was obtained from the owner and public records; prospective buyers should perform their own due diligence. Offering Memorandum under development.
Location
State MA
County Essex
Zoning LI
Direction From Route 1: Main St to Hamilton to Boston to Summer to destination. Use GPS
Exterior
Utilities Available Public Water, 110 Volts
Roof Type Asphalt/Composition Shingles,Rubber
Others
Senior Community false
Listed by Keller Williams Realty