MA > Lynn
Lynn, MA 01905,723-727 Summer
Lynn, MA 01905,723-727 Summer
Lynn, MA 01905,723-727 Summer
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$1,500,000
Est. payment /mo
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19,473 SqFt
Active

723-727 Summer Lynn, MA 01905

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,473 sqft

Price per Sqft $77

MLS Listing ID 73401733

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

This is a mixed use building with a mix of commercial tenants as well as a one-bedroom apartment. Tenant mix consists of automotive, retail, boxing gym, roofing company, storage, and a 6000+ SF owner's suite, which will be vacant upon the sale. The property is located in the Light Industrial zoning district, which allows for many different uses. This property has been owned by the same owner since 1983 and was used as his own engine and parts business for years. The rents are currently 50% below market rate, providing a tremendous amount of upside for an investor or owner-user who can utilize the vacant space for their business. There are three loading docks in the rear of the building with access to the owner's suite. All interested parties will have the opportunity to obtain additional information upon request.

Location

State MA

County Essex

Zoning LI

Direction Located at 723-727 Summer St Lynn, MA 01915

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Asphalt/Composition Shingles,Rubber

Total Parking Spaces 5

Others

Senior Community false

Listed by New England Realty Advisors LLC

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

YOUR LOCAL REAL ESTATE EXPERTS

Tricia Coury

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

Eric Coury

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Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

Scott Garcia

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Scott Garcia

Home Buyer Specialist

+1(508) 821-8160

scott@thecouryteam.com

Nathaly Castillo

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Nathaly Castillo

Transaction Coordinator

+1(727) 203-5117

office@thecouryteam.com

http://www.thecouryteam.com/

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.