Commercial Sale at 3-11 Mount Vernon St, Lynn MA 01901, Lynn
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18 photos

$5,900,000

3-11 Mount Vernon St, Lynn MA 01901
Lynn, MA 01901
Listed by Josiane Alves
Bedrooms
N/A
Bathrooms
N/A
Living area
18,000 sqft
Year built
1964

About this home

Attention Investors:Do not miss this remarkable opportunity to acquire a prime commercial property located in the vibrant heart of Lynn's rapidly expanding Arts and Entertainment District. This versatile building offers unparalleled potential, positioned just steps away from North Shore Community College, public transportation options, a variety of restaurants, and exciting entertainment venues.Ideal for a multitude of business ventures—including restaurants, cafés, retail shops, fitness studios, and office spaces—this property is surrounded by new residential developments, ensuring robust foot traffic. It features private parking, convenient access to additional free parking nearby, and excellent commuter accessibility.Seize this rare chance to invest in one of Lynn's most promising and dynamic locations. Your future success starts here!

Property details

MLS #
73524395
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
139
On market date
May 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.73 acres
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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
0.15 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
0.77 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
0.68 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).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

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

On the market 139 days -- 56 more days than Lynn's current average of 83 days.
For reference, the median list price across 696 active listings in Lynn right now is $134,950.

Mortgage calculator

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

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Est. monthly payment
$35,680/mo
$1,180,000 down
$4,720,000 loan
Principal & interest$30,614
Property tax (est.)$4,917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 18, 2026.

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.