3-11 Mount Vernon St, Lynn MA 01901
Lynn, MA 01901
$5,900,000
Est. $30,501/month
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About this home
Attention Investors:Do not miss this remarkable opportunity to acquire a prime commercial property located in the vibrant heart of Lynn's rapidly expanding Arts and Entertainment District. This versatile building offers unparalleled potential, positioned just steps away from North Shore Community College, public transportation options, a variety of restaurants, and exciting entertainment venues.Ideal for a multitude of business ventures—including restaurants, cafés, retail shops, fitness studios, and office spaces—this property is surrounded by new residential developments, ensuring robust foot traffic. It features private parking, convenient access to additional free parking nearby, and excellent commuter accessibility.Seize this rare chance to invest in one of Lynn's most promising and dynamic locations. Your future success starts here!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
May 27, 2026
$5,900,000
Original listing
Office: Invest Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/27/2026 | 🏠 Listed for Sale | $5,900,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,610 | — |
Financial Details
Annual Property Tax
$5,610
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1964
Living Area
18,000 sq ft
Lot Size
0.73 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
$5,610
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Assessment And Taxes Are For Two Combined Parcels: Parking Lot (deed Book 17022, Page 369) And Building And Lot (deed Book 17022, Page 366). This Building Contains 8 Units For Sale. Each Unit Has A Different Measurement, And They Can Be Sold Separately. Public Records Does Not Reflect Updates
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1964
Living Area
18,000 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1964
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 Frontage:
600.00 ft
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
3 schools
C-
E. J. Harrington Elementary School
0.2 mi
|
#717 of 824
|
Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students
Moderate
Rising School
Grades PK-05
B-
KIPP Academy Lynn Charter School
0.4 mi
|
#197 of 346
|
Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
C
Robert L Ford School
0.5 mi
|
#614 of 824
|
Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students
Less Diverse
Rising School
Grades K-05
Middle Schools
3 schools
C-
Thurgood Marshall Middle School
0.7 mi
|
#311 of 352
|
Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.8 mi
|
#226 of 352
|
Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students
Diverse
Rising School
Grades 06-08
B+
Swampscott Middle School
2.1 mi
|
#122 of 352
|
Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students
Moderate
Grades PK-08
High Schools
3 schools
B
Fredrick Douglass Collegiate Academy
0.3 mi
|
#12 of 25
|
Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students
Moderate
Early College Program
Rising School
Grades 06-12
St. Mary's High School
0.5 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.7 mi
Grades 06-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$468
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
3-11 Mount Vernon St, Lynn MA 01901
Lynn, MA 01901
Listing Information
Listing Office
Invest Realty Group
Office Phone
617-306-0134
Agent MLS ID
CN255161
Office MLS ID
NB5311
Listing Data Updated
Jun 18, 2026 1:49 PM EDT
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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