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34-36 Farrar St, Lynn MA 01901

Lynn, MA 01901
$1,100,000
Est. $6,708/month
0.20
Acres
1913
Year Built
4
Days on Market
Active Listed Dec 2, 2025 • MLS# 73459110 Copied!

About this home

Outstanding development opportunity located in the heart of Lynn’s Central Business District. 8,577 sq. ft. footprint in the highly desirable R5 High-Density Residential District. This site is perfectly positioned for a multi-family redevelopment, with zoning that allows for conversion to apartments or condominiums by right. High-Density Zoning (R5): "By-Right" in Massive Buildable Area: Max FAR of 4.0 allows for up to 34,308 sq. ft. of total floor area. Vertical Potential: Height allowance up to 75 ft (approx. 5–6 stories) by right, with potential for more via special permit. Existing Structure: Solid 8,400 sq. ft. steel-frame industrial building with partially raised concrete floors. Originally permitted for 75-car interior storage, indicating significant open volume for creative reuse or redevelopment. Reach out for prospective zoning report!

Property Overview

Listing Type
Commercial Sale
Year Built
1913

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1913
Lot Size 0.20 acres

Interior

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

Exterior

Construction None
Architecture None
Roof None
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 $11,348

Interior Features

Flooring:
Appliances:
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Construction & Materials

Year Built: 1913
Structure Type:
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Heating, Cooling & Utilities

Heating:
Cooling:
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Sewer:
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Exterior & Lot

Exterior Features:
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Parking & Garage

Parking Features:

Location

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Neighborhood

34-36 Farrar St, Lynn MA 01901

Lynn, MA 01901

Walkability

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Schools

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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $946
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

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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
$1,100,000
Original listing
Agent: Marc Green Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Dec 2, 2025 New Listing Added $1,100,000 —

Market Statistics

Days on Market
4 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $11,348 —

Financial Details

Annual Property Tax
$11,348
Tax Year 2025

Listing Information

Listing Agent Marc Green
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CN251543
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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