123-131 Commercial StreetLynn, MA 01902MLS Number 72636382

  • Price: $1,375,000
  • 184 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
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123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902123-131 Commercial Street Lynn MA 01902
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  • 0.34Acreage
  • 2005Year Built
  • 8,642Square Feet

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123-131 Commercial Street, Lynn. Located seconds to Route 1A, the Lynnway; minutes to Boston & Logan Airport, This property has an amazing location & visibility! This freestanding building houses 5 units, currently occupied by a variety of business. Built new in 2005, block construction; trussed roof; slab; contains 8,642 sq. ft. of space (supplied by owner / please do due diligence) square foot per public record is 6,950. Property contains 14,834 sq. ft. of land w/ plenty of off street parking. 21E completed in 2005. MDC Oil Trap; Special Permits w/ City for; Auto Body & Spray Booth, Auto Repair, Auto Leasing. Special Permit on file w/ Commonwealth of MA; ADA, at Salem Deeds. All units have individual ADA bathrooms; 6 half baths p/ public record. Gas; all units have individual electric, AC & water. 53' storage trailer included in sale. Great investment opportunity or to locate your business. Difficult property to find with location & easy access to major transportation routes.
Listed by Albert DiVirgilio, Jacob VanMeter and Katie DiVirgilio Team of RE/MAX 360

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More Info

Parking

  • Parking Spaces16
  • Parking Feature11-20 Spaces, Paved Driveway, On Site
  • Total Parking Spaces16

Building

  • Year Built2005
  • ConstructionStone/Concrete
  • Total Units5
  • Total Bldg Sf8642
  • Wau Units2
  • No Units5
  • Reu Units1
  • No Buildings1
  • No Of Restrooms6
  • No Stories2
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg488500

Photos

  • Photo Date2020-06-05T12:12:00
  • Number of Photos14

Basic Information

  • MLS Number72636382
  • Prop TypeCI
  • Status Date2020-09-12T16:39:00
  • Date Listed03/20/2020
  • List Price$1,375,000
  • Price Per Square Foot$159
  • LeaseNo
  • DirectionLynnway to Commercial Street or South Common to Commercial Street.
  • MLS StatusActive

Exterior

  • Roof MaterialAsphalt/Fiberglass Shingles

Utilities

  • UtilitiesPublic Water, Public Sewer

Location

  • StreetCommercial Street
  • TownLynn
  • StateMA
  • Zip01902
  • CountyEssex
  • LocationDowntown, Urban, Highway Access

Property

  • Acreage0.34
  • Net Operating Inc103000
  • Space AvailableFor Sale
  • Square Feet8,642
  • SubletNo
  • Gross Annual Exp5000
  • Lot Size14834
  • Gross Annual Income108000
  • Condo AssociationNo
  • Assessed Value Land250000
  • Main LoAN4305

Other

  • Modification Date2020-09-16T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresBuyer or buyer agent to do own due diligence. Seller and sellers agent make no representation or acknowledgement on the information provided.
  • Book22294
  • Listing AgreementExclusive Right to Sell
  • Waf Bldg Sf4368
  • Off Bldg Sf3274
  • Ref Bldg Sf1000
  • ExchangeNo
  • Firm Rmk1123commercialst.com
  • Page23
  • View Count2
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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