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.

Property Details

Price:
$899,000
MLS #:
73311634
Status:
Active
Beds:
0
Baths:
1
Address:
195 Chestnut Street
Type:
Commercial
City:
Lynn
Listed Date:
Nov 12, 2024
State:
MA
Finished Sq Ft:
1,248
Total Sq Ft:
1,248
ZIP:
01902
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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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.,…

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195 Chestnut Street
Lynn, MA