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Warehouse

140 Linwood Street

140 Linwood St, Lynn, MA 01905

Listing Price: $5,750,000

Cap Rate
2.80%
Gross SF
62,018
Price/Gross SF
$92.72
Lot Size
3.06 acres
Year Built
1948
Rentable SF
62,018

Investment Overview

Marcus & Millichap is pleased to exclusively present 132-140 Linwood Street in Lynn, Massachusetts. This property spans 62,018 SF across three buildings on 3.06 acres of commercially zoned land, appealing strongly to local service businesses throughout the North Shore region. Located just 15 minutes from RT-128 and 10 minutes from US Route 1, it offers convenient access to a variety of businesses, residential neighborhoods, and public services. Investors can anticipate re-tenanting the main 25,000 SF space within the next 18-30 months, with an opportunity to move TAW tenants closer to market rates. In the coming years, owner-users could also acquire this property, with potential options to utilize 25,000 SF of 18' clear warehouse space, along with several thousand square feet of office space, or expand up to 54,000 SF by incorporating the TAW spaces.

Investment Highlights

  • THE PROPERTY IS 2.1 MILES TO LYNN INTERIM MBTA STATION AND DOWNTOWN LYNN
  • LOCATED 4 MILES TO ROUTE 1
  • 3 LOADING DOCKS, 9 OVERHEAD DOORS AT GRADE BETWEEN ALL BUILDINGS
  • PRIMARILY "TENANT AT WILL" ALLOWING FOR IMMEDIATE RENT INCREASES
  • WELL MAINTAINED ASSET WITH MASSIVE UPSIDE
  • COVERED LAND PLAY IN A STRONG NEIGHBORHOOD

Exclusively Listed By

Financing By

Warehouse

140 Linwood Street

Listing Price: $5,750,000

Cap Rate
2.80%
Gross SF
62,018
Price/Gross SF
$92.72
Lot Size
3.06 acres
Year Built
1948
Rentable SF
62,018

Investment Highlights

  • THE PROPERTY IS 2.1 MILES TO LYNN INTERIM MBTA STATION AND DOWNTOWN LYNN
  • LOCATED 4 MILES TO ROUTE 1
  • 3 LOADING DOCKS, 9 OVERHEAD DOORS AT GRADE BETWEEN ALL BUILDINGS
  • PRIMARILY "TENANT AT WILL" ALLOWING FOR IMMEDIATE RENT INCREASES
  • WELL MAINTAINED ASSET WITH MASSIVE UPSIDE
  • COVERED LAND PLAY IN A STRONG NEIGHBORHOOD

Investment Overview

Marcus & Millichap is pleased to exclusively present 132-140 Linwood Street in Lynn, Massachusetts. This property spans 62,018 SF across three buildings on 3.06 acres of commercially zoned land, appealing strongly to local service businesses throughout the North Shore region. Located just 15 minutes from RT-128 and 10 minutes from US Route 1, it offers convenient access to a variety of businesses, residential neighborhoods, and public services. Investors can anticipate re-tenanting the main 25,000 SF space within the next 18-30 months, with an opportunity to move TAW tenants closer to market rates. In the coming years, owner-users could also acquire this property, with potential options to utilize 25,000 SF of 18' clear warehouse space, along with several thousand square feet of office space, or expand up to 54,000 SF by incorporating the TAW spaces.

Exclusively Listed By

Financing By

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