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3-11 Mount Vernon St, Lynn MA 01901

Lynn, MA 01901
$5,900,000
Est. $30,501/month
18,000
Sq Ft
$328
Price/Sq Ft
0.73
Acres
1964
Year Built
40
Days on Market
Active Listed May 26, 2026 • MLS# 73524395 Copied! • Updated Jun 18, 2026

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

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
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

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

Financial

Annual Tax $5,610
Fee Includes None
Amenities None
Optional Fee Includes None
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
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1964
Living Area
18,000 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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
E

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
M

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
H

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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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $468
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
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.

Location

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Neighborhood

3-11 Mount Vernon St, Lynn MA 01901

Lynn, MA 01901

Listing Information

Listing Agent Josiane Alves
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.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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