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$1,495,000

Active

723-727 Summer St

Lynn, MA, 01905

Commercial · MLS #73511228

Days on market

New today

Lot size

0.25 ac

0.25 acres

Lot

About this home

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.

Property details

Parking
1-10 Spaces, Paved Driveway, Permeable Pavement

Listed by Faulkner Commercial Group · Keller Williams Realty

Schedule a showing

723-727 Summer St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$9,677 / month

Down payment20% · $299,000
Interest rate6.50%

Loan term

Principal & interest
$7,560
Property tax
$1,495
Home insurance
$623

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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