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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 47 times

Last Checked: October 20th, 2026 at 9:18am (Source: MLS PIN #73531957)

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

Listing ID73531957

Property TypeCommercial Sale / Commercial

Price$1,550,000

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

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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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