423 Union St
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423 Union St
4,000 SF 100% Leased Retail Building Lynn, MA 01901 $976,253 CAD ($244 CAD/SF)
Investment Highlights
- Heavy daytime foot traffic.
Executive Summary
Downtown Lynn features a four-unit commercial building ideally situated near the train station, North Shore Community College, and major bus routes. The seller possesses plans for a new development comprising five residential units and two retail spaces. The buyer is responsible for conducting due diligence regarding any building permits and property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1913
Price
$976,253 CAD
Price Per SF
$244 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Land Acres
0.05 AC
Zoning
CBD
Frontage
66 ft on Union Street
Amenities
- Signage
Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
Parcel Number | LYNN-000068-000626-000007 | Improvements Assessment | $91,362 CAD |
Land Assessment | $114,203 CAD | Total Assessment | $205,565 CAD |
PROPERTY TAXES
Parcel Number
LYNN-000068-000626-000007
Land Assessment
$114,203 CAD
Improvements Assessment
$91,362 CAD
Total Assessment
$205,565 CAD
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423 Union St
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