$2,500,000

290 Broadway, Lynn, MA 01904

  • 2 baths
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1994
  • Property Lot Size Icon0.62acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Great long term commercial investment opportunity to purchase the "GROUND LEASE" of a major pharmacy chain tenant in prime Lynn high traffic location. Current Walgreens occupant has 15 years remaining on their initial 50-year leasehold. This exceptional building built in early 1990's sits on 26,794 sf. Total area of the building is approximately 9,227 sf. Recent Estate Appraisal completed on behalf of the family.

Listing Status:
Pending
Date Added:
June 24, 2025 at 05:00AM
Listing Office:
J. Barrett & Company : 978-468-0046
Listing Agent:
Joel E. Margolis : 978-835-1543
MLS ID:
73395633

This listing courtesy of Joel E. Margolis, J. Barrett & Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edward a Sisson

58 Conomo Ave, Lynn, MA, 01904

Grades PK-5

0.10 miles away

P

Pickering Middle School

70 Conomo Ave, Lynn, MA, 01904

Grades 6-8

0.09 miles away

L

Lynn English High School

50 Goodridge St, Lynn, MA, 01902

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.