Lynn MA Real Estate | Paul Stonkus - EXIT ELITE REALTY

111 Western Ave, Lynn, MA 01904  

East Lynn
Type of Comm.
Lot Size
Beautiful, well maintained commercial building for sale with profitable business. Modern design, great layout, on high traffic road.Looking to expand your business, ready for a new opportunity, or looking to invest in a Lynn establishment this is your chance! Huge price drop, motivated sellers, dont miss this opportunity to be part of something great! Well established family owned business on a high traffic street on the North Shore. Owners have built a profitable with a loyal and consistent customer base and strong location. Long established roast beef /plus restaurant with strong cash flow. Profitable fast food restaurant with indoor seating, completely equipped kitchen offering multiple revenue streams. Store is easy to operate, menu items include roast beef sandwiches, salads, steak tips, chicken kabobs, pasta, seafood and more. Huge opportunity for growth with addition of pizza ovens, and expansion of delivery and catering.
Open House
No scheduled Open Houses
Lot Size: 3,338.00
Acres: 0.08
Area/Village: East Lynn
List Price: $825,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Restrooms: 1
Stories: 1
Buildings: 1
Total Units: 1
Units: 1
Total Sq. Ft.: 2,281
Year Built: 2008
Approx. GLA: 2,281
Sub Dividable: N
MLS#: 72490475
Elevator: No
Acres: 0.08
Space Dividable: No
Expandable: No
Handicap Access: Yes
Lot Size: 3,338.00
Parking Features: Street, No parking
Construction: Stone/Concrete
Railroad Siding: No
Roof Material: Membrane
Site Condition: Improved
Sprinklers: Unknown
Location: Suburban, Park, Free Standing, Public Transportation, Corner Lot, Neighborhood
Utilities: Public Water, Public Sewer, Water Available, Sewer Available, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: Yes
Assessed Building Value: $229,500
Condo Assoc.: No
Assessed Land Value: $199,600
Exchange: No
Gross Annual Income: $1,100,000
Taxes: $11,848
Tax Year: 2019
Book/Page: 0000/0000
Sublet: No
Special Financing: Yes
Total Assesed Value: $429,100
Zone Description: Legal Conforming
Retail Sq. Ft.: 2,281
Retail Units: 1
Disclosure Declaration: No
Disclosure: Non disclosure to be signed by prospective buyers Option to buy business only available see MLS
For Lease: No
Space Available: For Sale
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The listing office is Century 21 Tradition and the listing agent is Courtney Markos. 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 it's 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. The data was last modified on 12/18/2018 2:44:00 PM.