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14-20 Central Ave
Lynn, MA 01901 Downtown Lynn

$5,700,000 USD

Medical For Sale • 47,706 SF

Property Details

Property Type Medical
Total Building Size 47,706 SF
Lot Size 0.18 AC
Building Class B
Year Built 1925
Cap Rate 6.39 %
Tenancy Multiple
Zoning CBD

60 Transit Score

90 Walk Score

                
                    Highlights
                
                                Located downtown with close proximity to public parking lot and MBTA garage
                            
                                6th floor has a 9 years lease remaining 
                            
                                first floor built out for outpatient practices.  Ideal for dentist, optometrist, doctors office and many other medical uses.

Financial Summary (Actual)

Net Operating Income: $364,396 USD (2025)

Cap Rate:	6.39 %
Total Expenses:	$349,135 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Lynn Community Health	23,860 SF	4/30/2027

Amenities

24 Hour Access
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lynn Interim (Newburyport/Rockport Line - MBTA)	2 min	7 min	0.4 mi
Swampscott (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	3 min	-	1.9 mi
Airport	Drive	Walk	Distance
General Edward Lawrence Logan International	17 min	-	9.2 mi

Jake VanMeter 781-854-1037 Drumlin Group Inc.

14-20 Central Ave Lynn, MA 01901 Downtown Lynn