USAMALynn53-47-53 Central Ave
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$1,600,000

For Sale

2 days ago

53 - 47-53 Central Ave, Lynn, MA

MLS® 73531957

0 Bed

0 Bath

6346 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 6346 sqft
Garage No
HOA Fees 
Taxes $9,449
Days Active 1
Approx. Age 1900
Avg. Price Per Sqft $252
MLS® Number 73531957

Property Address: 53-47-53 Central Ave, Lynn, MA, 01901-1121

Average square foot calculated using Size range provided by listing agent.

Description

Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central & Washington, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, a walk score of 90 and a dense surrounding population. This well-known property has been home to the iconic Cal's News for nearly 90 years, establishing a long-standing reputation and loyal customer base within the community. The building consists of two retail units: the left-side unit is owner-occupied by Cal's News, a tobacco, magazine, and lottery c-store, while the right-side unit is leased to a successful Latin Restaurant & Bar, providing stable rental income. Ideal for an owner-occupant seeking to operate their own business, expand an existing concept, or capitalize on the established location and customer traffic. Additional income is generated from a double-sided rooftop billboard. Latin restaurant is currently in a lease; contact the listing agent for additional information.
MLS® Number73531957
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
47-53 Central Ave, Lynn, MA

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