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380 Washington Street

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Address: 380 Washington St, Lynn, MA 01901, USA

Boston & New England + Land/Development

Created date: August 5, 2024

Date last updated: September 27, 2024

0.88 Acre site
CBD Zoning
10 Story & 120 Ft height by right
Opportunity Zone

Property Description

New England Realty Advisors LLC is pleased to present 380 Washington St and 45-47 Central Ave, a 0.88 acre development opportunity for sale located in downtown Lynn, MA. This property is strategically located just 0.5 miles from Lynn's MBTA commuter rail station. The site is located near new high end multifamily developments which include the Caldwell and the Mosaic which were built in 2021 and 2022. The site is located in Lynns CBD zoning which allows for 10 story multifamily developments with special permits granted by the planning board. Lynn has been growing in population for the past 10 years and is seeing no signs of slowing down. More housing is needed and it provides easy access to the highways and downtown Boston. The site is also located in an Opportunity Zone which makes development even more attractive for investors. All interested parties will have the opportunity to obtain additional information upon request.