30 Western Ave Lynn, MA ^$ 1,300,000

30 Western Ave

^$ 1,300,000

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30 Western Ave

Lynn, MA, 01904

^$ 1,300,000

Studio Baths3.0 Sq 12,125

Monthly Estimate*

^$ 9,081

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Studio

Commercial Property for sale in Lynn, MA

for $1,300,000 with 3 full baths. This 12,125 square foot building was built in 1927 on a lot size of 0.18.

Ideally located on the North Side of Lynn near Salem and Swampscott in a heavily dense neighborhood setting on very busy Western Ave. This Mixed-Use Building is Currently being operated as a rug retail business on the first floor. So many potential uses with great visibility and traffic count. New Owner can convert first floor into multiple retail storefronts each with private bathrooms and access to basement use. Massive basement with exterior access to loading driveway and a single garage bay. Recent updates include roof and two hot water heaters. Some windows are boarded up to allow access to remove large equipment. Residential rental units located on the second floor with private entrances, a 3-bed and 1-bed rental (3 bedroom currently rented @ $2500/mo.) Possible space to add another unit between them. The basement is completely empty and cleaned out. Call the listing agent for additional information and to schedule a private showing.

Commercial Active

Price

^$ 1,300,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 9,848

Style

Commercial

Lot Size

0.18

Year Built

1927

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73208177

List By

Team Lillian Montalto

Listing Agent

Lillian Montalto Signature Properties

Broker

Affordability Calculator

$9,902

Per Month

Monthly Principal & Interest: $9,081
Monthly Property Taxes: $821
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Lynn, MA

Average List Price ^$1,344,822

Percent of Sale Price 3%

About Lynn, MA

92,878 Population

4% Since 2002

^$52,444 Median Income

37.53 Median Age

32% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
3/4/2024	$1,300,000		Listed Price

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30 Western Ave, Lynn, MA, 01904 is a Commercial Property for sale at $1,300,000 with 12,125 sqft and a lot size of 0.18. 30 Western Ave is a studio with 3.0 baths and was built in 1927. The property's zip code is 01904 which is in Lynn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/29/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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30 Western Ave

Commercial Property for sale in Lynn, MA

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