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This is a mixed use building with a mix of commercial tenants as well as a one-bedroom apartment. Tenant mix consists of automotive, retail, boxing gym, roofing company, storage, and a 6000+ SF owner’s suite, which will be vacant upon the sale. The property is located in the Light Industrial zoning district, which allows for many different uses. This property has been owned by the same owner since 1983 and was used as his own engine and parts business for years. The rents are currently 50% below market rate, providing a tremendous amount of upside for an investor or owner-user who can utilize the vacant space for their business. There are three loading docks in the rear of the building with access to the owner’s suite. All interested parties will have the opportunity to obtain additional information upon request.
Current real estate data for Commercial in Lynn as of Oct 14, 2025
12
Commercial Listed
156
Avg DOM
321
Avg $ / SqFt
$1,689,658
Avg List Price

Property Details

Price:
$1,500,000
MLS #:
73401733
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Jul 9, 2025
Finished Sq Ft:
19,473
Total Sq Ft:
19,473
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1873

Schools

Interior

Exterior

Parking Spots
5
Roof
Asphalt/Composition Shingles, Rubber

Financial

Net Operating Income
$50,671
Tax Year
2025
Taxes
$19,351

Map

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Property Summary

    723-727 Summer Lynn MA is a Commercial for sale in Lynn, MA, 01905. It is listed for $1,500,000 To schedule a showing of MLS#73401733 at 723-727 Summer 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
723-727 Summer
Lynn, MA