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$ 1,150,000
Est. payment | /mo
12,125 SqFt
$ 1,150,000
Est. payment | /mo
12,125 SqFt
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 12,125 sqft
Price per Sqft $94
MLS Listing ID 73280362
HOA Y/N false
Year Built 1927
Annual Tax Amount $9,848
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Ideally located on the North Side of Lynn near Salem and Swampscott in a heavily dense neighborhood setting on very busy Western Ave. This Mixed-Use Building is Currently being operated as a rug retail business on the first floor. So many potential uses with great visibility and traffic count. New Owner can convert first floor into multiple retail storefronts each with private bathrooms and access to basement use. Massive basement with exterior access to loading driveway and a single garage bay. Recent updates include roof, sewer line, and two hot water heaters. Some windows are boarded up to allow access to remove large equipment. Residential rental units located on the second floor with private entrances, a 3-bed and 1-bed rental (3 bedroom currently rented @ $2500/mo.) Possible space to add another unit between them. The basement is completely empty and cleaned out. Call the listing agent for additional information and to schedule a private showing.
Location
State MA
County Essex
Zoning BD
Direction HIghland Ave turns into Western Ave. At the corner of Manning Rd. & Western Ave. (Proodian & Sons)
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Shingle
Total Parking Spaces 5
Others
Senior Community false
Listed by Lillian Montalto Signature Properties
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Joe And Jocelyn Maggi
REALTOR® | Lic# 9088667 | 9555634