Located downtown Lynn, this 3,000 +sq. ft. turnkey commercial property offers immediate income and long-term potential. The sale includes 2 separate spaces: a leased retail currently rented month-to-month for $2,300/m, providing steady income with flexibility for future rent increases, and fully equipped restaurant leased at $4,000/month with a 2-year lease in place. Currently the restaurant includes full bar, seating for 50 guests, making it ideal for a variety of dining concepts. A separate storage area adds additional utility. Situated just minutes from the commuter rail, apartment buildings, and Lynn’s bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyer’s representatives are strongly encouraged to conduct their own independent due diligence. Landlord pays $1700/m condo fee.
This home has been viewed 42 times
Last Checked: March 10th, 2026 at 6:48am (Source: MLS PIN #73466366)
General Information for 52-56 Central Sq, Lynn MA 01901
Listing ID73466366
Property TypeCommercial Sale / Commercial Condo
Price$800,000
Style
CityLynn
CountyEssex
Neighborhood(s)
ZoningCBD
Year Built1890
Disclosures for 52-56 Central Sq, Lynn MA 01901
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsNo
Compensation Based On
Contact Information for 52-56 Central Sq, Lynn MA 01901