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$770,000
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Property Description
Incredible location! Check out this free-standing, multi-unit corner lot building with amazing visibility. Currently home to a convenience/grocery store and an appliance repair shop, it offers plenty of potential for other uses. One studio style apartment in back of the building currently rented with no lease. The Lynnway sees 40,000 to 60,000 cars daily, with this spot alone getting 15,000 to 30,000 vehicles as a main thoroughfare. Opportunity to build up a second story to add additional income potential (Buyer to do own due diligence with the city) Don't miss out-schedule your private showing today!
Full Property Details
Full Property Details for 101 Commercial St
General
- Price: $770,000
- Taxes: $7,642 (2025)
- Status: Active
- Type: Commercial
- Source: MLSPin
- MLS ID: 73453625
- Updated: 1/9/2026
- Added to Site: 67 day(s) ago
Business
- Business Type: Commercial
Parking
- Total Spaces: 5
Location
- County: Essex
- Driving Directions: Take Neptune, Lynnway or South Common St to Commercial
Utilities
- Utility Description: Public Water, Public Sewer
Structural Information
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: .08
- Zoning: Legal Conforming
Financial Considerations
- Tax Amount: $7,642
- Tax Year: 2025
Disclosures and Reports
- Property ID: M:052 B:771 L:006, 2007126
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 101 Commercial St
School District:Lynn School District
| Name | Grades | Distance |
|---|---|---|
Connery Elementary School 50 Elm Street, Lynn, MA 01905 | PK-5 | 0.2 mi |
William R Fallon Elementary School 100 Robinson Street, Lynn, MA 01905 | K-6 | 0.9 mi |
Fecteau-Leary Junior/Senior High School 33 North Common Street, Lynn, MA 01902 | 7-12 | 0.5 mi |
Breed Middle School 90 O'Callaghan Way, Lynn, MA 01905 | 6-8 | 1.5 mi |
Classical High School, Lynn, MA 235 O'Callaghan Way, Lynn, MA 01905 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 Commercial St
Date
Details
Price
Change
Source
11/11/2025
Listed
$770,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 Commercial St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,642
7%
$384,800
9%
2024
$7,144
3%
$354,000
9%
2023
$6,932
19%
$324,700
32%
2022
$5,830
-4%
$246,000
1%
2021
$6,077
2%
$242,900
6%
2020
$5,953
3%
$230,100
10%
2019
$5,754
9%
$208,400
17%
2018
$5,260
-3%
$178,600
1%
2017
$5,404
-1%
$176,200
4%
2016
$5,450
-5%
$170,000
—
2015
$5,709
-3%
$170,000
—
2014
$5,907
—
$169,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 Commercial St
101 Commercial St, Lynn, MA 01905 (MLS# 73453625) is a Commercial property. 101 Commercial St is currently listed for $770,000 and was received on November 11, 2025. This property is listed by Sarah Dunlop from our Waltham Office.Want to learn more about 101 Commercial St? Do you have questions about finding other Commercial real estate for sale in Lynn? You can browse all Lynn real estate or contact a Coldwell Banker agent to request more information.


