$2,150,000
$2,500,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
0.62 Acres Lot
SOLD DATE : 11/12/2025
Key Details
Sold Price $2,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73395633
Sold Date 11/12/25
HOA Y/N false
Year Built 1994
Annual Tax Amount $56,406
Tax Year 2025
Lot Size 0.620 Acres
Acres 0.62
Property Description
Great long term commercial investment opportunity to purchase the "GROUND LEASE" of a major pharmacy chain tenant in prime Lynn high traffic location. Current Walgreens occupant has 15 years remaining on their initial 50-year leasehold. This exceptional building built in early 1990's sits on 26,794 sf. Total area of the building is approximately 9,227 sf. Recent Estate Appraisal completed on behalf of the family.
Location
State MA
County Essex
Zoning B
Direction Chestnut to Broadway
Exterior
Utilities Available Public Water, Public Sewer, Water Available
Total Parking Spaces 40
Others
Senior Community false
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Bought with Vahe Haytayan • Vahe Haytayan
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "