Lynn, MA 01901,34-36 Farrar St
$1,100,000
Est. payment /mo
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8,712 Sqft Lot
Active

34-36 Farrar St Lynn, MA 01901

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73459110

HOA Y/N false

Year Built 1913

Annual Tax Amount $11,348

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Description

CENTRAL BUSINESS DISTRICT ZONING - Outstanding development opportunity located in the heart of Lynn's Central Business District. 8,577 sq. ft. footprint in the highly desirable CBD High-Density Residential District. This site is perfectly positioned for a multi-family redevelopment, with zoning that allows for conversion to apartments or condominiums by right. High-Density Zoning: "By-Right" in Massive Buildable Area. Vertical Potential: Height allowance up to 120 ft by right, with potential for more via special permit. Existing Structure: Solid 8,400 sq. ft. steel-frame industrial building with partially raised concrete floors. Reach out for prospective zoning report!

Location

State MA

County Essex

Zoning R5

Direction Use GPS

Exterior

Utilities Available Public Water, Public Sewer

Others

Senior Community false


Listed by Coldwell Banker Realty - Marblehead

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34-36 Farrar St