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Opportunity knocks. Rarely available commercial building in high traffic corner location in downtown Lynn offers multiple uses. Currently the right side of the building houses a two bay garage with lifts and operates as an established auto repair shop with tenant at will. The left side of the property has an office and restroom and accesses the large fenced in parking lot with 17 spaces, there is a large gate which allows for maneuvering vehicles, was operating as a used car dealership. The auto repair shop is on the Essex St side of the building and the dealership and parking is on the Chestnut Street side of the building. The premises may be repurposed for other commercial uses such as a base property for a contractor, light manufacturing, office or retail establishment.

More Info

Basic Information

  • Contingency Financing
  • Gross Income $60,000
  • Mls StatusUnder Agreement

Tax Information

  • Tax Year 2024
  • Taxes$5,279

Rooms

  • Bathroom1

Basic Information

  • List Price$825,000
  • MLS Number73458999
  • Modification Date04/01/2026
  • Purchase Contract Date03/20/2026

Location

  • Address287 Essex Street
  • Building Number287
  • CountyEssex
  • StateMA
  • StreetEssex Street
  • TownLynn
  • Zip01902

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1940

Property

  • Acreage0.09

Exterior

  • RoofTar/Gravel

Property Information

  • Living Area 1,248
  • Lot Size Square Feet 3,888
  • Lot Size Units Acres
  • Square Feet1,248

Legal

  • ZoningBD
  • Zoning Description Other (See Remarks)

Other

  • Date Listed12/02/2025
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Driving Directions

Listed by Paula Pickett of Coldwell Banker Realty - Marblehead

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