260-276 Lynnway Active

Lynn,MA 01901

$ 4950000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73376060

Annual Tax Amount $46,111

Tax Year 2024

Lot Size 0.960 Acres

Property Description

Redevelopment Project/Development opportunity for apartments in area of opportunity zone In past approx 89 apartments were being proposed with building height of 8 stories. Building height maximum 8 story building with potential for proper zoning for residential apartments . Seller will entertain "investors "due diligence period" or Fantastic free standing building.Perfect for owner occupant.Considerable frontage & exposure direct on Lynnway. Recently renovated & designed to owner occupant Recently renovated 2 stunning modern style offices,conference room,showroom which can be used for additional office space, full kitch,large full bth & storage room Lots of windows with natural lighting & privacy windows There is a rental unit with private exterior entrance and 1/2 bath and rough plumbing for full bath.Unfinished upper level w/ rough plumbing for full bath. Steel beam concrete block 3 CA units,eight hundred amp electric,rubber roof (1/2 Approx 5 years) Adjacent to Lynnway

Location

State MA

County Essex

Zoning mixed use

Exterior

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Marina,Private School,Public School,T-Station

Waterfront Description Beach Front,Harbor,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Building

Lot Description Level

Sewer Public Sewer,On-Site

Water Public,On-Site

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