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Lynn, MA 01901 Sold    List Price $999,900    MLS # 73193057 - Commercial/Industrial
           Sale Price $925,000    Sale Date 6/17/24   
Type   Commercial Sale   # Units   1   Lot Size   8,470SF  
Sq. Ft.   16,434   Water Front   No  

23 Farrar Street is a manufacturing building offering over 14,000 square feet of usable space. This
brick building comes equipped with Phase 3 power and two overhead bay doors with street level access
to both floors of the building from Farrar Street and Broad Street. Conveniently located in the
heart of downtown Lynn near Route 1A, with quick access to the commuter rail and direct access to
Boston. Ideal location for redevelopment or a business looking for a location with ample power for
their operation.

Listing Office: RE/MAX 360, Listing Agent: Jacob VanMeter

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Lynn, MA 01904 Rented    List Price $2,500    MLS # 73219194 - Commercial/Industrial
           Sale Price $2,500    Sale Date 6/10/24   
Type   Commercial Lease   # Units   1   Lot Size   15,720SF  
Sq. Ft.   1,200   Water Front   No  

Welcome to a strategically positioned contractors yard at an ideal location just off Western Avenue
(Route 107). This exceptional property spans an impressive 15,720 square feet, offering ample space
to accommodate all your contracting needs. Beyond the convenience and functionality of this
contractor's yard, the location offers incredible advantages. With its central location, you'll
enjoy convenient access to Peabody, Salem, Saugus, Swampscott, Revere, and major highways, making it
an ideal base for your business operations. The highlight of this property is the spacious 1,200
square foot garage, purpose-built to cater to the needs of contractors. Whether you need space for
contracting vehicles, tools, or components for your business, this garage provides ample space and
security. It offers the perfect blend of functionality and practicality, ensuring your equipment and
inventory are well-maintained and easily accessible.

Listing Office: RE/MAX 360, Listing Agent: Jacob VanMeter

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Salem, MA 01970-5013 Sold    List Price $1,199,000    MLS # 73176617 - Commercial/Industrial
           Sale Price $1,185,000    Sale Date 5/17/24   
Type   Commercial Sale   # Units   1   Lot Size   3,428SF  
Sq. Ft.   6,480   Water Front   No  

Projected Income $10,300 mo/ $123,600 annually. Well renovated, mixed use building in Thriving
Salem, MA. Extensively renovated in 2021, Fire sprinkler system. 15 min walk to T Stop/Downtown. 5
mins to Pickering Wharf. Upgraded sep. elec, new heat & a/c. 2 res. units (have not been rented).
Both well-updated res w sep elec. 1 res unit: 6 rooms/ 4 bedrooms w new central a/c, new heat,
laundry rm, 2 bthrms (1 in main bdrm). Projected rent: $3k per month. Other unit: 5 rooms/ 3 bdrms w
new central a/c, new heat, laundry room, 2 bthrms (1 in main bdrm). Projected rent: $2800+ per
month. Each of the 3 commercial spaces, have new bthrms & a/c. Tenanted by 2 Churches (TAW's) who
have been tens for a while & would like to stay. 1 church rents 2 units (17 Salem), $3k a mo. +
utils. Other Church rents 1 unit $1500 + utils. 17 Salem has 4 finished/unhtd rms in the bsmnt. Add
heat for an additional 828 sq ft. Please include in offer:Buyer will cooperate if Seller elects to
sell as a 1031 exchange

Listing Office: RE/MAX 360, Listing Agent: Gary Blattberg

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