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- LoopNet Team
123-131 Commercial St
Lynn, MA 01905
Neptune Towers · Light Industrial Property For Sale
Investment Highlights
- Prime location seconds from Route 1A
- Cap Rate 7.49%
- Plenty of parking
PROPERTY FACTS
| Property Type | Light Industrial | Year Built | 2005 |
| Property Subtype | Light Manufacturing | Parking Ratio | 1.85/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18 ft |
| Lot Size | 0.34 AC | Level Access Doors | 3 |
| Rentable Building Area | 8,642 SF | Cross Streets | Bennett St |
| Number of Floors | 2 |
| Property Type | Light Industrial |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.34 AC |
| Rentable Building Area | 8,642 SF |
| Number of Floors | 2 |
| Year Built | 2005 |
| Parking Ratio | 1.85/1,000 SF |
| Clear Ceiling Height | 18 ft |
| Level Access Doors | 3 |
| Cross Streets | Bennett St |
Amenities
- 24 Hour Access
- Bus Route
- Air Conditioning
Utilities
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating - Gas
About 123-131 Commercial St , Lynn, MA 01905
123-131 Commercial Street, Lynn. Located seconds to Route 1A, the Lynnway; minutes to Boston & Logan Airport, This property has an amazing location & visibility! This freestanding building houses 5 units, currently occupied by a variety of business. Built new in 2005, block construction; trussed roof; slab; contains 8,642 sq. ft. of space (supplied by owner / please do due diligence) square foot per public record is 6,950. Property contains 14,834 sq. ft. of land w/ plenty of off street parking. 21E completed in 2005. MDC Oil Trap; Special Permits w/ City for; Auto Body & Spray Booth, Auto Repair, Auto Leasing. Special Permit on file w/ Commonwealth of MA; ADA, at Salem Deeds. All units have individual ADA bathrooms; 6 half baths p/ public record. Gas; all units have individual electric, AC & water. 53' storage trailer included in sale. Great investment opportunity or to locate your business. Difficult property to find with location & easy access to major transportation routes.
PROPERTY TAXES
| Parcel Number | LYNN-000052-000771-000013 | Improvements Assessment | £616,238 |
| Land Assessment | £279,921 | Total Assessment | £896,158 |
PROPERTY TAXES
zoning
| Zoning Code | Business |
| Business |
