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Located in the heart of downtown Lynn, this 3,000 +sq. ft. turnkey commercial property offers immediate income and long-term potential. The sale includes 2 separate spaces: a leased retail currently rented month-to-month for $2,200/m, providing steady income with flexibility for future rent increases, and fully equipped restaurant leased at $4,000/month with a 2-year lease in place. Currently the restaurant includes full bar, seating for 50 guests, making it ideal for a variety of dining concepts. A separate storage area adds additional utility. Situated just minutes from the commuter rail, apartment buildings, and Lynn’s bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyer’s representatives are strongly encouraged to conduct their own independent due diligence.
Current real estate data for Commercial in Lynn as of Jan 10, 2026
13
Commercial Listed
97
Avg DOM
344
Avg $ / SqFt
$1,262,984
Avg List Price

Property Details

Price:
$800,000
MLS #:
73466366
Status:
Active
Beds:
0
Baths:
2
Type:
Commercial
Listed Date:
Jan 7, 2026
Lot Size:
3,855 sqft / 0.09 acres (approx)
Year Built:
1890

Schools

Interior

Exterior

Financial

Tax Year
2025
Taxes
$7,567

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Property Summary

    52-56 Central Sq Lynn MA is a Commercial for sale in Lynn, MA, 01901. It is listed for $800,000 To schedule a showing of MLS#73466366 at 52-56 Central Sq 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.,…

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52-56 Central Sq
Lynn, MA