1. Massachusetts
  2. Lynn
  3. 723-727 Summer
$1,500,000

723-727 Summer, Lynn, MA 01905

  • 19,473 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1873
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $77/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This is a mixed use building with a mix of commercial tenants as well as a one-bedroom apartment. Tenant mix consists of automotive, retail, boxing gym, roofing company, storage, and a 6000+ SF owner's suite, which will be vacant upon the sale. The property is located in the Light Industrial zoning district, which allows for many different uses. This property has been owned by the same owner since 1983 and was used as his own engine and parts business for years. The rents are currently 50% below market rate, providing a tremendous amount of upside for an investor or owner-user who can utilize the vacant space for their business. There are three loading docks in the rear of the building with access to the owner's suite. All interested parties will have the opportunity to obtain additional information upon request.

Listing Status:
Active
Date Added:
July 9, 2025 at 05:00AM
Listing Office:
New England Realty Advisors LLC : 781-334-8044
Listing Agent:
Bradford Carlson : 781-334-8044
MLS ID:
73401733
  • Roofing: Asphalt/Composition ShinglesRubber

This listing courtesy of Bradford Carlson, New England Realty Advisors LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

A Drewicz Elementary School

34 Hood St, Lynn, MA, 01905

Grades PK-5

0.41 miles away

B

Breed Middle School

90 Ocallaghan Way, Lynn, MA, 01905

Grades 6-8

0.89 miles away

C

Classical High School

235 Ocallaghan Way, Lynn, MA, 01905

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.