47-53 Central Ave Lynn, MA ^$ 1,600,000

47-53 Central Ave

^$ 1,600,000

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47-53 Central Ave

Lynn, MA, 01901

^$ 1,600,000

Bedrooms-- Baths-- Sq 6,346

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Property for Rent in Lynn, MA

for $1,600,000. This 6,346 square foot property was built in 1900 on a lot size of 0.08.

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.

Rental Active

Price

^$ 1,600,000

Taxes

^$ 9,449

Style

Commercial

Lot Size

0.08

Year Built

1900

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73531957

List By

Team Lillian Montalto

Listing Agent

Lillian Montalto Signature Properties

Broker

Nearby

Trends

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
6/8/2026	$1,600,000		Listed Price

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47-53 Central Ave, Lynn, MA, 01901 is a Property for Rent at $1,600,000 with 6,346 sqft and a lot size of 0.08. 47-53 Central Ave was built in 1900. The property's zip code is 01901 which is in Lynn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 6/12/2026.

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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47-53 Central Ave

Property for Rent in Lynn, MA

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