11
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$4,950,000
Est. payment /mo
0.96 Acres Lot
Active
260-276 Lynnway Lynn, MA 01901
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73376060
HOA Y/N false
Annual Tax Amount $46,111
Tax Year 2024
Lot Size 0.960 Acres
Acres 0.96
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
Direction lynnway near traffic light where market street meets
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
Others
Senior Community false
Listed by RE/MAX Property Shoppe, Inc.
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