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723-727 Summer St, Lynn MA 01905

Lynn, MA 01905
$1,495,000
Est. $9,372/month
19,473
Sq Ft
$77
Price/Sq Ft
0.25
Acres
1873
Year Built
81
Days on Market
Active Listed May 1, 2026 • MLS# 73511228 Copied! • Updated May 5, 2026

About this home

Value-add investment opportunity. ±19,473 SF mixed-use commercial property located on a corner parcel in Lynn, MA. The property includes a mix of automotive service bays, retail frontage, fitness/training space, warehouse/flex areas, and one residential unit. The current layout supports multiple tenants and uses, with potential to improve income through re-leasing, space reconfiguration, or operational efficiencies. Situated within Light Industrial (LI) zoning, the property allows for a range of commercial and industrial uses, making it suitable for both investors, owner-users, or possible redevelopment. Three overhead doors, fenced-in parking, and six separate meters. The asset offers in-place income with upside tied to lease-up, repositioning, or operational optimization. All information was obtained from the owner and public records; prospective buyers should perform their own due diligence. Offering Memorandum under development.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 1, 2026
$1,495,000
Original listing
Agent: Faulkner Commercial Group Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2025 $19,352

Financial Details

Annual Property Tax
$19,352
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1873
Living Area 19,473 sq ft
Lot Size 0.25 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Asphalt/composition Shingles, Rubber
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, 110 Volts

Financial

Annual Tax $19,352
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1873
Living Area
19,473 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: 1873
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles, Rubber
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:
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

10 schools
Sacred Heart Elementary School
0.4 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.1 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 Rising School Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
1.6 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
St. Pius V Elementary School
2.0 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.3 mi
Grades PK-12
North Shore Christian School
2.4 mi
Grades PK-08
The Hathaway School
2.8 mi
Grades PK-08
C
A. Drewicz Elementary School
0.4 mi | #600 of 824 | Score: 40.9
Improved 84 spots from last year
-17.3 below state avg
488 students Moderate
Rising School
Grades K-05
C-
Lincoln-Thomson School
0.6 mi | #716 of 824 | Score: 34.3
Dropped 1 spots from last year
-23.9 below state avg
219 students Diverse
Grades K-05
C
Julia F Callahan School
0.7 mi | #591 of 824 | Score: 41.4
Improved 113 spots from last year
-16.8 below state avg
373 students Diverse
Rising School
Grades PK-05
M

Middle Schools

2 schools
C+
Pickering Middle School
2.1 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
C-
Thurgood Marshall Middle School
2.5 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
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
Grades 06-12
St. Mary's High School
1.4 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
1.7 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
C-
Classical High School
0.6 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 Rising School Career Tech Programs
Grades 09-12
B-
Harold Durgin Success Academy
1.2 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
2.1 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 Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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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 $1,613
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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Current Rate
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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.

Location

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Neighborhood

723-727 Summer St, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Faulkner Commercial Group
Listing Office Keller Williams Realty
Office Phone 978-475-2111
Agent MLS ID TM200171
Office MLS ID G95022
Listing Data Updated May 5, 2026 3:05 AM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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