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Office Vacant-User

Lynnway Office Condominiums

152 Lynnway, Lynn, MA 01902

Listing Price: $975,000

Gross SF
4,868
Rentable SF
4,868
Price/Gross SF
$200.29
Lot Size
4.34 acres
Year Built
1988

Investment Overview

4,846 SF Office Condo. Prime location on Lynn/Swampscott line. High signage visibility from street. Walk to the beach. Located at boat docks with extensive water and Boson views. Bus stop at property. Community College across street.
Currently divided into two units, but could be easily converted to either one or three units, with signage potential for all three. Use or lease some, or all, of the space. 10 parking spaces, including 2 deeded, gated, card-access garage spaces, and 8 gated, card-access lot spaces. Garage spaces provide direct, weather- proof access to the units.
Includes 3 private bathrooms in space. Main office doors located directly off elevator. Current configuration of two units includes 2 reception areas, 3 private bathrooms, 11 offices, a kitchen, a large "bullpen" area, large conference room, and storage areas (that could be internal offices). Space is empty. All furniture has been removed.
3.9% Seller financing, up to $290,000 with 8-year amortization schedule.
Extensive condo complex renovations nearing completion including new roofs and all new windows. Extensive facade repointing/sealing/waterproofing.
Professionally managed.
Exterior building signage visible from major thoroughfare – “The Lynnway”. The complex is located directly on the water. Rear views of water, marina, and downtown Boston. Outdoor and garage parking is secure access via card key. City owned park adjacent to the site.

Investment Highlights

  • 4,846 SF Office Condo. Prime location on Lynn/Swampscott line. High signage visibility from street. Walk to the beach. Located at boat docks with extensive water and Boson views. Bus stop at property.
  • 2 units, but could be easily converted to either one or three units, with signage potential for all three. Use or lease some, or all. 10 parking spaces, including 2 deeded, covered secure garage space
  • 3.9% Seller financing, up to $290,000 with 8-year amortization schedule
  • Extensive condo complex renovations nearing completion including new roofs and all new windows. Extensive facade repointing/sealing/waterproofing.
  • Exterior building signage visible from major thoroughfare – "The Lynnway". The complex is located directly on the water. Rear views of water, marina, and downtown Boston. Outdoor and garage parking is secure access via card key. City owned park adjacent to the site.

Exclusively Listed By

Financing By

Office Vacant-User

Lynnway Office Condominiums

Listing Price: $975,000

Gross SF
4,868
Rentable SF
4,868
Price/Gross SF
$200.29
Lot Size
4.34 acres
Year Built
1988

Investment Highlights

  • 4,846 SF Office Condo. Prime location on Lynn/Swampscott line. High signage visibility from street. Walk to the beach. Located at boat docks with extensive water and Boson views. Bus stop at property.
  • 2 units, but could be easily converted to either one or three units, with signage potential for all three. Use or lease some, or all. 10 parking spaces, including 2 deeded, covered secure garage space
  • 3.9% Seller financing, up to $290,000 with 8-year amortization schedule
  • Extensive condo complex renovations nearing completion including new roofs and all new windows. Extensive facade repointing/sealing/waterproofing.
  • Exterior building signage visible from major thoroughfare – "The Lynnway". The complex is located directly on the water. Rear views of water, marina, and downtown Boston. Outdoor and garage parking is secure access via card key. City owned park adjacent to the site.

Investment Overview

4,846 SF Office Condo. Prime location on Lynn/Swampscott line. High signage visibility from street. Walk to the beach. Located at boat docks with extensive water and Boson views. Bus stop at property. Community College across street. Currently divided into two units, but could be easily converted to either one or three units, with signage potential for all three. Use or lease some, or all, of the space. 10 parking spaces, including 2 deeded, gated, card-access garage spaces, and 8 gated, card-access lot spaces. Garage spaces provide direct, weather- proof access to the units. Includes 3 private bathrooms in space. Main office doors located directly off elevator. Current configuration of two units includes 2 reception areas, 3 private bathrooms, 11 offices, a kitchen, a large "bullpen" area, large conference room, and storage areas (that could be internal offices). Space is empty. All furniture has been removed. 3.9% Seller financing, up to $290,000 with 8-year amortization schedule. Extensive condo complex renovations nearing completion including new roofs and all new windows. Extensive facade repointing/sealing/waterproofing. Professionally managed. Exterior building signage visible from major thoroughfare – “The Lynnway”. The complex is located directly on the water. Rear views of water, marina, and downtown Boston. Outdoor and garage parking is secure access via card key. City owned park adjacent to the site.

Exclusively Listed By

Financing By

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