287 Essex Street Lynn, MA ^$ 875,000

287 Essex Street

^$ 875,000

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Recently Listed

287 Essex Street

Lynn, MA, 01902

^$ 875,000

Bedrooms-- Baths1.0 Sq 1,248

Monthly Estimate*

^$ 5,459

287 Essex Street, Lynn, MA 01902 - Image 1

287 Essex Street, Lynn, MA 01902 - Image 2

287 Essex Street, Lynn, MA 01902 - Image 3

287 Essex Street, Lynn, MA 01902 - Image 4

287 Essex Street, Lynn, MA 01902 - Image 5

Commercial Property for sale in Lynn, MA

for $875,000 with 1 full bath. This 1,248 square foot building was built in 1940 on a lot size of 0.09.

Opportunity knocks. Rarely available commercial building in high traffic corner location in downtown Lynn offers multiple uses. Currently the right side of the building houses a two bay garage with lifts and operates as an established auto repair shop with a lease in place. The left side of the property has an office and restroom and accesses the large fenced in parking lot with 17 spaces, there is a large gate which allows for maneuvering vehicles, currently operating as a used car dealership. The auto repair shop is on the Essex St side of the building and the dealership and parking is on the Chestnut Street side of the building. The premises can be repurposed for other commercial uses such as a base property for a contractor, light manufacturing, office or retail establishment.

Commercial Active

Price

^$ 875,000

Full Bath

Property Type

Commercial

Taxes

^$ 5,279

Style

Industrial

Lot Size

0.09

Year Built

1940

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73458999

List By

Paula Pickett

Listing Agent

Coldwell Banker Realty - Marblehead

Broker

Affordability Calculator

$5,899

Per Month

Monthly Principal & Interest: $5,459
Monthly Property Taxes: $440
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends

Commerical listings in Lynn, MA

Average List Price ^$1,270,943

Percent of Sale Price 45%

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
12/2/2025	$875,000		Listed Price

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287 Essex Street, Lynn, MA, 01902 is a Commercial Property for sale at $875,000 with 1,248 sqft and a lot size of 0.09. 287 Essex Street has 1.0 baths and was built in 1940. The property's zip code is 01902 which is in Lynn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/5/2025.

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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287 Essex Street

Commercial Property for sale in Lynn, MA

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