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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
Storefront Retail/Office
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LYNN-000068-000626-000007
Land Assessment
$114,203 CAD
Improvements Assessment
$91,362 CAD
Total Assessment
$205,565 CAD
  • Listing ID: 32054904

  • Date on Market: 2024-06-07

  • Last Updated:

  • Address: 423 Union St, Lynn, MA 01901

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