Great long term commercial investment opportunity to purchase the “GROUND LEASE” of a major pharmacy chain tenant in prime Lynn high traffic location. Current Walgreens occupant has 15 years remaining on their initial 50-year leasehold. This exceptional building built in early 1990’s sits on 26,794 sf. Total area of the building is approximately 9,227 sf. Recent Estate Appraisal completed on behalf of the family.
Property Details
Price:
$2,500,000
MLS #:
73395633
Status:
Active
Beds:
0
Baths:
2
Address:
290 Broadway
Type:
Commercial
City:
Lynn
Listed Date:
Jun 24, 2025
State:
MA
ZIP:
01904
Lot Size:
26,794 sqft / 0.62 acres (approx)
Year Built:
1994
Schools
Interior
Exterior
Parking Spots
40
Financial
Tax Year
2025
Taxes
$56,406
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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 JamesCourtesy of J. Barrett & Company. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
290 Broadway
Lynn, MA
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