Lynn Office Space
Leasing and Buying Office Space
Ten miles north of the Downtown Boston area, is the city of Lynn in Essex County. The oceanfront community is substantially large enough to have an excellent selection of commercial properties on the market at any given time. The community is part of the urban inner core of Greater Boston. Since the early 21st-century, the city has been going through a revitalization, renovating historic buildings and improving the area with new development. Former industrial buildings are being restored and large tracts of land have been purchased by developers for new construction projects. Routes 129, 129A, 107, and 1A run through the area. Public transportation is available through the MBTA line that handles the Newburyport/Rockport service area.
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The "T" has a commuter station in the city. The community is conveniently located only five miles away from Logan International Airport. Another option for commuters is the ferry which runs between towns on the coastline and the Financial district in Boston. The ferry operates during the summer and early all months.
Neighborhoods and Geographic Location
The city is famous for its parks and numerous green spaces. The location is in the southern section of Essex County, 10 miles to the northeast of Boston and 22 miles to the west-southwest of Cape Ann. To the south is Nahant, to the east is Swampscott. to the northeast and north are Salem and Peabody respectively. Lynnfield and Saugus are to the north and northwest, and Revere is to the southeast. The city is to the north of the Saugus River, with the Lynn Woods Reservation on a substantial portion of the land on the northwest section of the community. Lynn and King's Beaches are on Nahant Bay. On the ocean is the Lynn Shore Reservation, the 2,200 acre Lynn Woods Reservation, and the High Rock Tower Reservation.
The southern section of the Essex Coastal Scenic Byway runs through Heritage State Park. The most well-known neighborhoods include the Central Square Historic District. West Lynn neighborhoods include Pine Hill, McDonough Square and Barry Park, Tower Hill and Austin Square, The Commons, The Brickyard, Walnut St./Lynnhurst, and Veteran's Village. East Lynn neighborhoods are comprised of the Diamond District / Lynn Shore, Wyoma Square, The Highlands, The Fay Estates, Ward 1 / Lynnfield Street, Goldfish Pond, and The Meadow and Keaney Park.
Leasing Office Space
Class C properties have a minimum of 6,000 sq ft. The suites available for rent are on second and third floors with a partial build out that can be customized to suit the tenant. Since many of the buildings in Lynn were constructed decades ago, they appeal to investors who appreciate historic buildings. Among the buildings for lease are those built during the 1920s. Class C structures feature a minimum of 6,000 square footage at $8.00 - $15.00 per square foot and were formerly doctor's offices. Second and third-floor suites available to rent feature partial build-outs that can be customized to suit the preferences of the tenant. Many of the buildings in this class are professionally managed. Buildings have ample parking for staff and clients and are five minutes away from the Newburyport/Rockport MBTA line.
For individuals who are searching for commercial property in the heart of the city, co-tenancy for an office is available with a well-known retailer. The building has 8,000 square feet of available space, with parking for more than 30 vehicles and a population of more than 90,000 in the region. This is an opportunity for a rare investment in an urban environment. In this community, residential homes are often converted into spaces for professionals. Charming homes built during the 1920s are ideal for professionals suites for doctors and service providers.
Many of the buildings are Class C, but unlike buildings of this classification in some cities, the homes in this community are well maintained and in excellent condition. Buildings of this class are also available in the downtown area at $9.00 - $15.00 per square footage per year. Buildings from the 1960s are available at $4,000 per month. Buildings have 8-foot ceilings, access to elevators, and parking on-site.
Buying Office Space
The revitalization of the downtown area in this city offers investors with a vision the opportunity to purchase new buildings or those in the process of being retrofitted to serve as professional suites. Downtown is directly on Route 1A, close to the MBTA commuter line, and the Atlantic coastline. Mixed-use properties offer spaces in a historic, brick building on first and third floors. Leases are available through 2021. In addition to the professional suites, upscale condos are a possibility with 9,500 square feet. Offices are available on the top floor, offering views of the city and the Atlantic. Be a part of the urban redevelopment in this vibrant city. This building built in 1888, lists for $1,110,000.
A converted, residential home another option for savvy investors. The 1920s, two-story home has space for use as a medical office with examination rooms. The building list or $359,000 and has ample parking for eight to ten cars. along with a three-car garage. The building is the perfect solution for the doctor in private practice. Buildings in high-traffic areas with controlled intersections are ideal for doctor or attorney in a partnership or private practice.
Single story, boutique-style buildings are prominent in this area. Stylish, brick buildings with bay windows are the perfect solution for the investor who wants an office close to the harbor and the downtown area. Buildings offer more than 30,100 feet, offer ocean views, and are within walking distance of the "T".
Listing Office Space For Sale and Lease
Diversity is what properties for lease or sale are about in this community. when you're in the market for commercial properties, you want to stay on top of the latest listings. The easiest way to get a heads up on new listings is to sign up with Boston City Properties. You can immediately start searching through listings based on price, amount of space, or amenities.
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