52-56 Central Sq, Lynn MA 01901

Lynn, MA 01901
$800,000
Est. $4,876/month
0.09
Acres
1890
Year Built
1
Days on Market
Active Listed Jan 7, 2026 • MLS# 73466366 Copied!

About this home

Located in the heart of downtown Lynn, this 3,000 +sq. ft. turnkey commercial property offers immediate income and long-term potential. The sale includes 2 separate spaces: a leased retail currently rented month-to-month for $2,200/m, providing steady income with flexibility for future rent increases, and fully equipped restaurant leased at $4,000/month with a 2-year lease in place. Currently the restaurant includes full bar, seating for 50 guests, making it ideal for a variety of dining concepts. A separate storage area adds additional utility. Situated just minutes from the commuter rail, apartment buildings, and Lynn’s bustling downtown, the property benefits from strong pedestrian and vehicle traffic, ensuring excellent visibility. Located in one of Greater Boston’s fastest-growing coastal communities, adding appeal for both residents and visitors. Buyer and/or buyer’s representatives are strongly encouraged to conduct their own independent due diligence.

Property Overview

Listing Type
Commercial Sale
Year Built
1890

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1890
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 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 None

Financial

Annual Tax $7,567

Interior Features

Flooring:
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Construction & Materials

Year Built: 1890
Structure Type:
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Roof:
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Heating, Cooling & Utilities

Heating:
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Exterior & Lot

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Parking & Garage

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Location

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Neighborhood

52-56 Central Sq, Lynn MA 01901

Lynn, MA 01901

Walkability

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Nearby Schools

School District
Lynn School District local
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

10 schools
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 College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.6 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Career Tech Programs
Grades PK-12
St. Pius V Elementary School
1.2 mi
Grades PK-08
The Hathaway School
1.2 mi
Grades PK-08
Sacred Heart Elementary School
1.5 mi
Grades PK-08
North Shore Christian School
1.8 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.4 mi
Grades PK-12
C-
E. J. Harrington Elementary School
0.3 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Grades PK-05
C
Washington Elementary School
0.5 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Grades K-05
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
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.9 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Grades 06-08
C+
Pickering Middle School
1.7 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Grades 06-08
H

High Schools

6 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
Grades 06-12
St. Mary's High School
0.3 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.5 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.5 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Career Tech Programs
Grades 09-12
D
Lynn English High School
0.9 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
2.1 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Career Tech Programs
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $631
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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
Jan 7, 2026
$800,000
Original listing
Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Jan 7, 2026 New Listing Added $800,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $7,567

Financial Details

Annual Property Tax
$7,567
Tax Year 2025

Listing Information

Listing Agent Dmitriy Dribinskiy
Listing Office Real Broker MA, LLC
Agent MLS ID CN214446
Office MLS ID AN4866
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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