125 Lynnfield StLynn, Ma 01904MLS Number 72229460

  • Sale Price: $325,000
  • 77 Days Since Sale
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Federal 30-year interest rate: 4.53% last updated on Jul 12, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1972Year Built

Driving Directions

Rare Opportunity to own your own business!! Great restaurant located on a busy main street & pond w/waterfront seating! Come check out this great local restaurant w/ 50+ years as an established business & local icon. Located on the pristine Sluice Pond also known as Lake Lynnipesaukee! The kitchen spans 2 floors giving you plenty of storage & prep area, indoors there's over 40+ seats with an additional 40+ seats outside on the water with an outdoor kitchen & prep area, seating & Beer & Wine license included, the property also has it's own dock! Central A.C new as 4 years ago, newer siding, & roof. Easy access to highways & busy Wyoma Square. On one of the busiest main streets in town with thousands of potential customers going by the front of this property! Prime rare business opportunity don't miss out!

Listed by Kevin McCafferty of RyVal Homes

Sold by RyVal Homes

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More Info

Parking

  • Parking Spaces6

Building

  • Year Built1972
  • Building ConstructionFrame
  • Equip Listing AvailYes
  • No of Restrooms3
  • Entry OnlyNo
  • ElevatorNo
  • FacilitiesKitchen
  • BasementYes

Utilities

  • UtilitiesPublic Water, Public Sewer

Basic Information

  • Date Listed09/15/2017
  • StatusSLD
  • Modification Date2018-05-07T08:48:00
  • Property TypeRestaurant w/Liquor
  • Status Date2018-05-07T08:48:00
  • Sale Price$325,000
  • List Price$330,000
  • Original Price379000
  • MLS Number72229460

Interior

  • Basement FeatureFull, Walk Out, Concrete Floor, Unfinished Basement

Photos

  • Photo Date2017-09-15T12:13:00
  • Number of Photos21

Location

  • Building Number125
  • LocationSuburban, Free Standing, Highway Access
  • Street No125
  • StreetLynnfield St
  • TownLynn
  • StateMa
  • Zip01904
  • Zip Code 42223
  • CountyEssex

Property

  • Net Operating Inc173000
  • Gross Annual Income416000
  • Gross Annual Exp243000
  • Lot Size2627

Other

  • Owner TrainingYes
  • Special FinancingNo
  • Inventory AvailNo
  • DirectionBroadway to Lynnfield or Route 129
  • DISCLOSUREYes
  • Sub Agency OfferedNo
  • SystemSecurity
  • DISCLOSURESFood Stock not included in the sale of the property, Income for the year on a weekly averages out to $8,000 a week.
  • Parcel NumberM:074 B:082 L:075
  • Main SoNB9147
  • Main LoNB9147
  • Sale Date05/02/2018
  • Real Estate IncludedYes
  • Reason for SellRetirement, Personal
  • View Count1
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02115

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