Spacious 10,000 square foot commercial property, formerly a nursing home, offers a range of possibilities for a variety of business or redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses – there is tremendous potential.

Property Details

Price:
$1,600,000
MLS #:
73321035
Status:
Active
Beds:
0
Baths:
0
Address:
28 Linwood Rd
Type:
Commercial
City:
Lynn
Listed Date:
Dec 21, 2024
State:
MA
ZIP:
01905
Lot Size:
8,738 sqft / 0.20 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Parking Spots
6
Roof
Rubber

Financial

Tax Year
2024
Taxes
$15,274

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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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28 Linwood Rd
Lynn, MA