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112 Market St Lynn MA 01901 | 72944447

Prominent bank building fronting on three streets on a highly visible corner lot in one of Lynn’s emerging downtown areas. Opposite the new Caldwell apartment complex. Eastern Bank has recently renewed their lease for five more years. This is a high deposit branch with drive through lanes. Long term non-profit tenant on the second level. Owner has upgraded roofing and mechanical systems recently. Possible future conversion of upper floors to housing adding additional floors. Close walk to MBTA parking garage and train stop. Excellent investment potential and 1031 exchange. Elevator covers three floors plus service elevator to basement. Income and expenses will be provided after receipt of Non Disclosure Agreement.

Property Details

Price:
$3,650,000
MLS #:
72944447
Status:
Under Agreement
Baths:
0.00
Address:
112 Market St
Type:
Commercial
City:
Lynn
Listed Date:
Feb 15, 2022
State:
MA
Square Ft (approx):
26,139
ZIP:
01901
Lot Size:
29,185 sqft / 0.67 acres (approx)

Schools

Interior

Total Bldg Sq Ft
26,139

Exterior

Financial

Assessed Bldg Value
$1,919,500
T A X E S
$59,768

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112 Market St
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