NOT LISTED FOR SALE

40 Central Square Lynn, MA 01901

Downtown Lynn Neighborhood
0.5 Acre
-- Price per Acre
21,780 Sq Ft Lot

Last Sold April 01, 2020

Last sale price $3,400,000

90 Days on Market

About This Lot

As of April 2020

40 Central Square is a 21,590 square foot transit-oriented development parcel in downtown Lynn, Massachusetts. The site is located in the heart of the city and within an Opportunity Zone, offering compelling tax benefits to investors. Additionally, 40 Central Square is located within Lynn's Central Business District, which has attractive zoning that allows for multifamily development by special permit or office/retail/hospitality by-right. The site is currently comprised of a parking lot and 8,500 square foot office building built in 1930. It is located directly across from the Central Square MBTA Commuter Rail Station, providing access to downtown Boston in just 20 minutes.

Last Agent to Sell the Property

Chris Sower

Cushman & Wakefield Listed on: 10/29/2019

Last Buyer's Agent

Chris Sower

Cushman & Wakefield Listed on: 10/29/2019

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Comp Based On: Gross/Full Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Lo: AC2397
  • Main So: AC2397

Exterior Features

  • Beachfront Flag: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House Of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 99.00
  • Zoning: 99
  • Acre: 0.50
  • Lot Size: 21590.00
  • Lots And Land Type: Residential
  • Page: 99
  • Zone Usage: Multi-Family

Tax Info

  • Taxes: 99.00
  • Assessor Parcel Number: 2003416

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $3,400,000 +13.3% --
01/27/2020 01/27/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $3,000,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Sower

    Cushman & Wakefield

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72586072

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lynn 01901 Downtown Lynn

40 Central Square, Lynn, MA

Not Listed for Sale

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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