$2,800
( $3.77Per Sq Foot )
 $15 est/mo Sourced by Back At You

61 Franklin St,Lynn, MA 01902

Lynn, MA 01902

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Description

Exceptional turnkey restaurant opportunity on a high-visibility corner in downtown Lynn. This freestanding, single-story building offers approximately 742 SF wrapped in storefront glass, with strong all-day foot traffic and on-site parking. A true second-generation restaurant - everything is in place and conveys: a full commercial kitchen with vented Type I hood and ANSUL fire suppression, gas cooking line, walk-in cooler, prep and hand-wash sinks, and a renovated customer restroom. The building has been extensively updated, including a new roof, HVAC, tankless hot water, updated electrical and plumbing, and new flooring throughout. Steps from City Hall, Lynn Common, and Market Street shops and dining, with the MBTA commuter rail nearby for a roughly 20-minute ride to Boston. B2 zoning allows for flexible commercial use. Offered on a triple-net (NNN) lease. Bring your concept - café, taquería, pizzeria, brunch spot, and more - and open with minimal build-out. Ideal for restaurateurs, chefs, and first-time operators seeking a move-in-ready space.

Details

MLS #73570003
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1928
Days On Site61
Listing Provided BySerhant | Aleksandra Koren

Features

Bath(s)1
SQ Feet742
ZoningB2
Acreage0.06

Exterior

RoofRubber

Utilities

UtilitiesPublic Water, Public Sewer, Natural Gas Available

Taxes

Tax Annual Amount5399
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$2,800
low | high
Med:
$300,000
100% of Average
sqft:
742
low | high
Med:
965
19.946091644205% of Average
$ / sqft:
$4
low | high
Med:
$311
100% of Average
On site:
61
low | high
Med:
102
59.803921568627% of Average
Sourced by Back At You

Market Activity 01902

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Learn More About This Property

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$2,800
low | high
Med:
$300,000
100% of Average
sqft:
742
low | high
Med:
965
19.946091644205% of Average
$ / sqft:
$4
low | high
Med:
$311
100% of Average
On site:
61
low | high
Med:
102
59.803921568627% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2K - $3K
sqft: 557 - 928
Nearby Listings Property ImageNearby Listings Details
29 Chase Street # 3B Property Photo 1
$2,200
29 Chase Street # 3b
Lynn, MA 01902
Listing Updated: October 22, 2026 at 7:26:52 PM PDT