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$1,495,000

723-727 Summer St, Lynn MA 01905
Lynn, MA 01905
Listed by Faulkner Commercial Group
Bedrooms
N/A
Bathrooms
N/A
Living area
19,473 sqft
Year built
1873

About this home

Value-add investment opportunity. ±19,473 SF mixed-use commercial property located on a corner parcel in Lynn, MA. The property includes a mix of automotive service bays, retail frontage, fitness/training space, warehouse/flex areas, and one residential unit. The current layout supports multiple tenants and uses, with potential to improve income through re-leasing, space reconfiguration, or operational efficiencies. Situated within Light Industrial (LI) zoning, the property allows for a range of commercial and industrial uses, making it suitable for both investors, owner-users, or possible redevelopment. Three overhead doors, fenced-in parking, and six separate meters. The asset offers in-place income with upside tied to lease-up, repositioning, or operational optimization. All information was obtained from the owner and public records; prospective buyers should perform their own due diligence. Offering Memorandum under development.

Property details

MLS #
73511228
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.25 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
A Drewicz Elementary
0.41 mi away · Grades -1-5
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
464
Student:teacher ratio
12.9:1
District
Lynn
Middle
Breed Middle School
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
1,270
Student:teacher ratio
13.7:1
District
Lynn
High
Classical High
0.59 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,823
Student:teacher ratio
17.9:1
District
Lynn

Mortgage calculator

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Est. monthly payment
$9,153/mo
$299,000 down
$1,196,000 loan
Principal & interest$7,757
Property tax (est.)$1,246
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 5, 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.