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Price Reduction - Eco Friendly
Address
168 Broad St Lynn, MA
Price
$ 890,000
Property Attributes
  • MLS#72273074
  • TypeCommercial
  • CountyESSEX
  • CityLynn
  • Zip01901
  • StyleCommercial
  • Year Built1900
  • Taxes19292
  • Price$ 890,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14936
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Wai Kit Or with V & E Realty.
Property Description

A 3-stories of 14639 sqft commercial building for sale in high visible location; right off Lynnway and close to community college and Train Station. High traffic counts. The building consists of 5 commercial spaces; 2 spaces out of the 5 at the first floor are currently rented by the same tenant. First floor: a lounge nightclub and a restaurant in total around 5,000 sqft and current total rent is $5500 in a remaining lease of 5 years. Second floor: A 700 sqft space used to be a hair salon and rent was $850 and a 4300 sqft space used to be a manufacture company are currently vacant. Third floor: vacant 1200 sqft and rent was $1000 TAW. All current rent is $6500 in total monthly gross income, or Could be $11,000+ when fully occupied. Expenses: $2400 in total. Great income. Don't miss the opportunity!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/22/2018 Listed $1,180,000
2/23/2018 9% - $1,080,000
8/28/2018 10% - $980,000
11/10/2018 10% - $890,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01901

Price
AVG $420K
$890K
Taxes
AVG $11,140
$19,292
Visits
AVG 29
47
Year Built
AVG 1910
1900
Walkscore
AVG 94
93

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