364-370 Lynnway, Lynn, MA 01901

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List Price
$6,499,000
MLS#
73590660
Status
ACTIVE
Type
Commercial
City
Lynn
County
Essex
Living Area
10,500
Year Built
1915

Property Description

Rare Waterfront Investment & Redevelopment Opportunity | Adjacent to Lynn Ferry to Boston | 364–370 Lynnway, Lynn, MA 01901 I Commercial Investment Property For Sale. Exceptional opportunity for investors seeking to expand their commercial real estate portfolio in Lynn's established Lynnway commercial corridor. Situated on approximately 1.23 acres, this two-story, approximately 21,000 SF office property offers a substantial commercial footprint with potential for long-term income generation, asset appreciation, and value-add strategies. The property's multi-tenant configuration presents opportunities for diversified rental income, tenant retention, and future leasing strategies. Investors may explore opportunities to enhance property performance through strategic management, lease optimization, capital improvements, and potential repositioning, subject to existing lease agreements, market conditions, and municipal approvals. Strategically located along the highly traveled Lynnway, the property benefits from prominent visibility, convenient access to downtown Lynn, surrounding North Shore communities, and Greater Boston. Its proximity to established businesses, waterfront amenities, and major transportation routes supports its appeal as a commercial investment location. With approximately 71 parking spaces and a sizable lot, the property offers practical amenities for existing and prospective commercial tenants.

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Listing courtesy of Listing Agent: The Prosperity Group from Listing Office: eXp Realty LLC - Corporate Office.