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87-89 Lynnway, Lynn MA 01902

Lynn, MA 01902
$2,695
Est. $1,068/month
0.08
Acres
1893
Year Built
233
Days on Market
Active Listed Jul 7, 2025 • MLS# 73399973 Copied!

About this home

Incredible business opportunity to lease a mixed-use property with Ocean and Yacht Club views from both units. Rent 700 SF three room office space and attached one bedroom residential unit directly above commercial space. Built out commercial space with huge store front glass windows--currently used as real estate/construction office. Second floor features newly renovated 1 bed 1 bath unit with hardwood floors throughout, new cabinets, appliances and tiled bathroom and bonus brand new deck front porch overlooking seaport Marina. Walk down the street to beaches or commuter rail. On street commercial parking out front of building for business. Lease also includes laundry. First floor Office has half bathroom and second floor residential has full bath.

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Property Overview

Listing Type
Commercial Lease
Year Built
1893

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1893
Lot Size 0.08 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts

Financial

Annual Tax $10,250

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1893
Structure Type:
Exterior Materials:
Roof: Shingle, Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage: 80.00 ft
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

87-89 Lynnway, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
⚠ School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
↓ 2.0% below state avg
E

Elementary Schools

3 schools
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Brickett Elementary School
0.7 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C
Washington Elementary School
0.8 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
M

Middle Schools

1 school
C-
Thurgood Marshall Middle School
1.0 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
H

High Schools

3 schools
B
Fredrick Douglass Collegiate Academy
0.2 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.6 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $854
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jul 7, 2025
$2,695
Original listing
Office: Lokos Realty & Management

Price & Status History

Date Event Price Change
Jul 7, 2025 New Listing Added $2,695 —

Market Statistics

Days on Market
233 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2023 $10,250 —

Financial Details

Annual Property Tax
$10,250
Tax Year 2023

Listing Information

Listing Office Lokos Realty & Management
Agent MLS ID CT005907
Office MLS ID NB4834
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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