MLS® ID: 72453823
59 Newhall St.
Lynn, Massachusetts, 01902 $1,575,000
***MAJOR PRICE ADJUSTMENT***Attention Developers!!! Here's your chance to get in on the new development happening in Lynn. This property is located in a prime location of the High Rise District, nestled in between downtown Lynn and Waterfront. Adjacent to the new Gateway North Development. A short walking distance to the Commuter Rail (Central Square Lynn), North Shore Community College as well as King and Long Beach. In other words LOCATION, LOCATION, LOCATION!!! Lot can be accessed from both Newhall st. and Sagamore st. Giving flexibility to future building and parking arrangements. Currently being used as a commercial warehouse, but waiting to be redeveloped. This property may also be great for a 1031 exchange. You can park your money and collect over $3,000 a month in rent, which the property is currently making. Make an appointment today and bring your architect. Let the developing begin!!!