287 Essex Street, Lynn MA 01902

Lynn, MA 01902
$875,000
Est. $5,064/month
1,248
Sq Ft
$701
Price/Sq Ft
0.09
Acres
1940
Year Built
4
Days on Market
Active Listed Dec 2, 2025 • MLS# 73458999 Copied!

About this home

Opportunity knocks. Rarely available commercial building in high traffic corner location in downtown Lynn offers multiple uses. Currently the right side of the building houses a two bay garage with lifts and operates as an established auto repair shop with a lease in place. The left side of the property has an office and restroom and accesses the large fenced in parking lot with 17 spaces, there is a large gate which allows for maneuvering vehicles, currently operating as a used car dealership. The auto repair shop is on the Essex St side of the building and the dealership and parking is on the Chestnut Street side of the building. The premises can be repurposed for other commercial uses such as a base property for a contractor, light manufacturing, office or retail establishment.

Property Overview

Listing Type
Commercial Sale
Year Built
1940
Living Area
1,248 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1940
Living Area 1,248 sq ft
Lot Size 0.09 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $5,279

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1940
Structure Type:
Exterior Materials:
Roof: Tar/Gravel
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

287 Essex Street, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $440
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Dec 2, 2025
$875,000
Original listing
Agent: Paula Pickett Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Dec 2, 2025 New Listing Added $875,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$701

Tax History

Year Taxes Assessment
2024 $5,279

Financial Details

Annual Property Tax
$5,279
Tax Year 2024

Listing Information

Listing Agent Paula Pickett
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID C5545847
Office MLS ID AN6221
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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287 Essex Street, Lynn MA 01902 - Photo 1 287 Essex Street, Lynn MA 01902 - Photo 2 287 Essex Street, Lynn MA 01902 - Photo 3 287 Essex Street, Lynn MA 01902 - Photo 4 287 Essex Street, Lynn MA 01902 - Photo 5

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