Summer Street Mixed Use

Lynn, Massachusetts, is located on the Atlantic coast just north of Boston. It is a dynamic city experiencing a significant revitalization, seamlessly blending its industrial heritage with a vibrant arts and cultural scene and a highly diverse community. Boasting miles of picturesque public beaches along the Lynn Shore Reservation and extensive green spaces like Lynn Woods, the city offers both urban amenities and easy access to natural beauty, all while providing excellent transportation links to downtown Boston via the MBTA Commuter Rail, making it an increasingly attractive and convenient place to live and work.New England Realty Advisors LLC is pleased to present the Summer Street Mixed Use for sale, located at 723-727 Summer St in Lynn, MA. This is a multitenant 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.