MLS #73311634 image #0MLS #73311634 image #1MLS #73311634 image #2MLS #73311634 image #3MLS #73311634 image #4MLS #73311634 image #5
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.
Current real estate data for Commercial in Lynn as of Oct 07, 2025
12
Commercial Listed
159
Avg DOM
350
Avg $ / SqFt
$1,705,917
Avg List Price

Property Details

Price:
$875,000
MLS #:
73311634
Status:
Pending
Beds:
0
Baths:
1
Type:
Commercial
Listed Date:
Nov 12, 2024
Finished Sq Ft:
1,248
Total Sq Ft:
1,248
Lot Size:
3,888 sqft / 0.09 acres (approx)
Year Built:
1940

Schools

Interior

Exterior

Parking Spots
17
Roof
Tar/Gravel

Financial

Tax Year
2024
Taxes
$5,279

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Property Summary

    195 Chestnut Street Lynn MA is a Commercial for sale in Lynn, MA, 01902. It is listed for $875,000 To schedule a showing of MLS#73311634 at 195 Chestnut Street in Lynn, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
195 Chestnut Street
Lynn, MA