aisellshomes.space

$2,600,000

New

29 Bennett St

Lynn, MA, 01905

Commercial · MLS #73521695

Days on market

New today

Lot size

0.60 ac

0.60 acres

Lot

About this home

Long standing furniture warehouse and store containing 29,600 s.f. of floor area plus a newly built storage basement. The site which is zoned IL, contains 38,501 s.f. of flat usable land. Currently, the owner leases outside storage space to four tenants totaling $6,200/month. The space is heated by gas Modine heaters. The building is fully sprinklered. This is a great opportunity to own a large amount of building square footage at a reasonable cost. The site also lends itself to redevelopment given that it is in an Opportunity Zone. Manufacturing, Light Industrial Use and Truck Parking are allowed by right. There is an electric lift to move inventory to the second level.

Location

29 Bennett St, Lynn, MA, 01905

Listed by Jacob VanMeter · The Drumlin Group Inc.

Schedule a showing

29 Bennett St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$16,830 / month

Down payment20% · $520,000
Interest rate6.50%

Loan term

Principal & interest
$13,147
Property tax
$2,600
Home insurance
$1,083

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