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168 Broad St, Lynn, Massachusetts

$1,180,000Active

168 Broad St, Lynn, Massachusetts 01901
- MLS® ID: 72096062

Property Details

168 Broad St, Lynn, Massachusetts 01901 - A 3-stories of 14639 sqft commercial building for sale in high visible location; right off Lynnway and close to community college and Train Station. High traffic counts. The building consists of 5 commercial spaces; 2 spaces out of the 5 are currently rented by the same tenant. First floor: a lounge nightclub and a pizza restaurant in total around 5,000 sqft and current total rent is $7000. Second floor: A 700 sqft space used to be a hair salon and a 4300 sqft space used to be a manufacture company are currently vacant. Third floor: 1200 sqft a church and rent is $1200. All current rent is $8200 in total monthly gross income, or Could be $11,000+ when fully occupied. Perhaps you as an investor is interested in turning it a mix-use property. Great income. Don't miss the opportunity!

Amenities

  • Zip01901
  • CountyEssex
  • SQFT14936
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial/Industrial
  • Zoning typeCBD
  • Year built1900
  • Parking3
  • Tax amount$19,292.00
  • Tax year2015
  • MLS® ID72096062

Listing Courtesy of V & E Realty

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