3
See all 3 photos
$1,499,000
Est. payment /mo
8,712 Sqft Lot
Price Dropped by $101K
28 Linwood Rd Lynn, MA 01905
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73321035
HOA Y/N false
Year Built 1900
Annual Tax Amount $15,274
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Spacious 10,000 square foot commercial property, formerly a nursing home, offers a range of possibilities for a variety of business or redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.
Location
State MA
County Essex
Zoning R2
Direction Walnut to Linwood
Exterior
Utilities Available Public Water
Roof Type Rubber
Total Parking Spaces 6
Others
Senior Community false
Listed by EXIT Premier Real Estate