Lynn Commercial Property for Sale

29 Days on Boardwalk Properties

423-427 Union St, Lynn, MA 01901
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$495,000

Type: Mixed Use

Lease Type N/A

SQFT: N/A

N/A Restrooms

Parking: N/A

Property Description

Great opportunity to own and invest in Downtown Lynn. Commercial property located on Union Street, between Washington and Central Sq, one block from the Lynn Station commuter rail stop. Currently there are two retail units on the first floor (braid shop and a barber shop), and office spaces in need of repairs on the second level. The property is in the "Central Business District" zoning area, which is intended to support mixed-use development. Allows up to 10 stories by right, with opportunity for residential units atop ground-level commercial. Especially with close proximity to transit, an investment offers potential for maximum density and income, with a more streamlined approval process. Included in the photos are initial architectural mock-ups of a 5-story building, consisting of two commercial units on the first floor (or one larger unit), and five residential units consisting of three 2-BR apartments and two studios. These are not approved plans, just drawings.

Property Details tap to expand

Property Information

Type: Mixed Use
Location: Legal Conforming
MLS ID#: 73395298

Construction & Utilities

Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date	Event	Price	Price/Sq Ft	Source
06/27/2025	Active	$495,000	$339	MLSPIN
06/27/2025	Active	$495,000		MLSPIN
06/23/2025	New	$495,000	$339	MLSPIN
06/23/2025	New	$495,000		MLSPIN
10/03/2024	Canceled	$695,000		MLSPIN
10/03/2024	Extended	$695,000		MLSPIN
06/21/2024	Active	$695,000		MLSPIN
06/17/2024	Price Change	$695,000		MLSPIN
06/11/2024	Active	$795,000		MLSPIN
06/07/2024	New	$795,000		MLSPIN

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Seller's Representative: Chris McNamara, McNamara Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-27 03:05:00

Boardwalk Properties
143 Harvard Avenue
Allston, MA 02134
(617) 566 5333

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