Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

414 Broadway, Lynn MA 01904

Commercial Sale

Former bank branch located on heavily trafficked roadway near Wyoma Square. Two curb cuts into a large parking lot with 25 spaces. Drive through window. Modern one story bank or retail building with a full basement. Suitable for many businesses including banking, restaurant, medical office. Asking rent is $28/s.f. on a triple net basis.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 2:12am (Source: MLS PIN #73069281)

General Information for 414 Broadway, Lynn MA 01904

Listing ID73069281

Property TypeCommercial Sale / Commercial

Price$1,650,000

Style

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Garage Parking

ZoningBD

AssociationNo

Year Built1955

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 414 Broadway, Lynn MA 01904

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation2.5%%

Facilitator Compensation2.5%%

Sub-Agent Compensation

Compensation Based On

Contact Information for 414 Broadway, Lynn MA 01904

Agent

Name: David Hark

Office

Name: The Drumlin Group Inc.

Phone: 978-741-3696

Team Members

Name: Mark Shapiro

Phone: 617-921-3020

Exclusive Listing Agent

The Drumlin Group Inc.

David Hark

Agent Phone

Office Phone

(978) 741-3696

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.49 acres (21,548 SqFt)
    [add_date] => 2024-05-07 02:12:06
    [address] => Broadway
    [agent] => Array
        (
            [address] => 11 Foss Terrace
            [city] => Marblehead
            [id] => C8369012
            [name] => David Hark
            [national_association] => 454002138
            [office] => C95118
            [state] => MA
            [zip] => 01945
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,645 SqFt
    [approx_lot_size_acres] => 0.49 acres
    [approx_lot_size_sqft] => 21,548 SqFt
    [assessed_value] => 
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 414 Broadway Lynn
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.5%%
    [buyer_agent_id] => C8369012
    [buyer_office_id] => C95118
    [c_style] => Array
        (
            [0] => Commercial
        )

[c_type] => Commercial Sale
    [cap_rate] => -1.34%
    [city] => Lynn
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Former bank branch located on heavily trafficked roadway near Wyoma Square.  Two curb cuts into a large parking lot with 25 spaces.  Drive through window.  Modern one story bank or retail building with a full basement.  Suitable for many businesses including banking, restaurant, medical office.  Asking rent is $28/s.f. on a triple net basis.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2.5%%
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 0
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 332138
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 02:12:06
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,645 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73069281
    [neighborhoods] => Array
        (
        )

[net_income_calc] => -22050
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 1
    [office] => Array
        (
            [id] => C95118
            [name] => The Drumlin Group Inc.
            [phone] => 978-741-3696
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 617-633-6719
    [pool_features] => Array
        (
        )

[price] => $1,650,000
    [price_per_sqft] => 0
    [price_per_unit] => 1650000
    [private_pool] => No
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => $22,050
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 414
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => Array
        (
            [0] => Array
                (
                    [id] => CN226353
                    [name] => Mark Shapiro
                    [phone] => 617-921-3020
                    [address] => 600 Loring Avenue
                    [city] => Salem
                    [state] => MA
                    [zip] => 01970
                    [office] => C95118
                    [national_association] => 
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 22050
    [total_gross_income] => 0
    [total_parking] => 25
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 414 Broadway, Lynn MA 01904
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1955
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 01904
    [zoning] => BD
    [zoning_details] => Legal Non-Conforming
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 6981169
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/332138/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:07
                    [modified] => 2024-05-07 02:12:07
                )

[1] => Array
                (
                    [id] => 6981685
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73069281&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:11
                    [modified] => 2024-05-07 02:12:11
                )

[2] => Array
                (
                    [id] => 6981686
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73069281&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:11
                    [modified] => 2024-05-07 02:12:11
                )

[3] => Array
                (
                    [id] => 6981687
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73069281&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:11
                    [modified] => 2024-05-07 02:12:11
                )

[4] => Array
                (
                    [id] => 6981688
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73069281&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:11
                    [modified] => 2024-05-07 02:12:11
                )

[5] => Array
                (
                    [id] => 6981689
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73069281&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:11
                    [modified] => 2024-05-07 02:12:11
                )

[6] => Array
                (
                    [id] => 6981690
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73069281&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 02:12:11
                    [modified] => 2024-05-07 02:12:11
                )

)

)

EXIT