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47-53 Central Ave, Lynn MA 01901

Commercial Sale

Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central & Washington, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, a walk score of 90 and a dense surrounding population. This well-known property has been home to the iconic Cal's News for nearly 90 years, establishing a long-standing reputation and loyal customer base within the community. The building consists of two retail units: the left-side unit is owner-occupied by Cal's News, a tobacco, magazine, and lottery c-store, while the right-side unit is leased to a successful Latin Restaurant & Bar, providing stable rental income. Ideal for an owner-occupant seeking to operate their own business, expand an existing concept, or capitalize on the established location and customer traffic. Additional income is generated from a double-sided rooftop billboard. Latin restaurant is currently in a lease; contact the listing agent for additional information.

This home has been viewed 21 times

Last Checked: June 13th, 2026 at 5:28am (Source: MLS PIN #73531957)

General Information for 47-53 Central Ave, Lynn MA 01901

Listing ID73531957

Property TypeCommercial Sale / Commercial

Price$1,600,000

Style

CityLynn

CountyEssex

Neighborhood(s)

ZoningCBD

Year Built1900

Disclosures for 47-53 Central Ave, Lynn MA 01901

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsFurniture

Compensation Based On

Contact Information for 47-53 Central Ave, Lynn MA 01901

Agent

Name: Team Lillian Montalto

Office

Name: Lillian Montalto Signature Properties

Phone: 978-475-1400

Team Members

Name: Wayne Altavilla

Exclusive Listing Agent

Lillian Montalto Signature Properties

Team Lillian Montalto

Agent Phone

Office Phone

(978) 475-1400

Text Agent Call Agent Call Office

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EXIT

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