40 Central Square, Lynn

$3,400,000

0 Beds
0 Baths
0 Sqft
½ Acres
0 Garages

40 Central Square is a 21,590 square foot transit-oriented development parcel in downtown Lynn, Massachusetts. The site is located in the heart of the city and within an Opportunity Zone, offering compelling tax benefits to investors. Additionally, 40 Central Square is located within Lynn’s Central Business District, which has attractive zoning that allows for multifamily development by special permit or office/retail/hospitality by-right. The site is currently comprised of a parking lot and 8,500 square foot office building built in 1930. It is located directly across from the Central Square MBTA Commuter Rail Station, providing access to downtown Boston in just 20 minutes.

Essential Information
MLS® #72586072
Price$3,400,000
Acres0.50
TypeLand
Sub-TypeResidential
StatusSold
Community Information
Address40 Central Square
CityLynn
CountyEssex
StateMA
Zip Code01901
Zoning

Multi-Family, Other (See Remarks)

Listing Details
AgentChristopher Sower
OfficeColliers International
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