INNOVATE Real Estate
Commercial Sale at 59 Newhall St, Lynn
Commercial Sale at 59 Newhall St, Lynn, photo 2 of 4
Commercial Sale at 59 Newhall St, Lynn, photo 3 of 4
Commercial Sale at 59 Newhall St, Lynn, photo 4 of 4
4 photos

$1,600,000

59 Newhall St
Lynn, MA 01902
Listed by Salvatore Micieli
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1958

About this home

Attention Developers!!! Parcel is located within the Mixed Use Mid-rise District (M1) of the City of Lynn. The property contains approximately 17,932 square feet of land, with 16 feet of frontage along Newhall Street and approximately 50 feet of frontage along Sagamore Street. This property has been designed with by rights from the city, currently working with a local attorney. Located one block from North Shore Community College, a 7 minute walk to the commuter rail and under 10 minutes to Lynn / Nahant Beach. See attachment for concept drawings.

Property details

MLS
MLS Property Information Network
MLS #
73597265
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
3
On market date
October 31, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.41 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
E J Harrington
0.27 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
637
Student:teacher ratio
11.6:1
District
Lynn
Middle
Thurgood Marshall Mid
0.88 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,275
Student:teacher ratio
13.6:1
District
Lynn
High
Fecteau-Leary Junior/Senior High School
0.8 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
90
Student:teacher ratio
3.5:1
District
Lynn

Walkability

Blended score for Lynn's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Lynn, from live MLS data.

On the market 3 days -- 91 fewer days than Lynn's current average of 94 days.
For reference, the median list price across 742 active listings in Lynn right now is $3,875.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$9,785/mo
$320,000 down
$1,280,000 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

Similar homes you might like

55 Rock Ave
$1,775,000
55 Rock Ave
Lynn, 01902
7,785 sqft
38 days on market
Listed by Eugene L. Clements
Source: MLS PIN
90 Essex St
$1,795,000
90 Essex St
Lynn, 01902
71 days on market
Listed by Alvarenga & Son's Team
Source: MLS PIN
62 Nahant St.
$1,300,000
62 Nahant St.
Lynn, 01901
6,044 sqft
110 days on market
Source: MLS PIN
43 Highrock Street
$1,650,000
43 Highrock Street
Lynn, 01902
137 days on market
Listed by Eugene L. Clements
Source: MLS PIN
47-53 Central Ave
$1,550,000
47-53 Central Ave
Lynn, 01901
6,346 sqft
148 days on market
Listed by Team Lillian Montalto
Source: MLS PIN
723-727 Summer St
$1,395,000
723-727 Summer St
Lynn, 01905
19,473 sqft
186 days on market
Listed by Faulkner Commercial Group
Source: MLS PIN

Data source: Listing information provided by MLS Property Information Network. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.