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$399,900
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Property Description
Prime downtown Lynn commercial space for sale. Highly visible location on a busy street with strong foot and vehicle traffic. Just steps to the commuter rail and public transportation. Open-concept layout offers a true blank canvas ideal for restaurant, retail, office, or service use. In an opportunity zone for vertical expansion or redevelopment (buyer to perform due diligence). Excellent opportunity for owner-users or investors in a transit-oriented, high-demand area. Call list agent for showings.
Full Property Details
Full Property Details for 172 - 1/2 Union St
General
- Price: $399,900
- Taxes: $4,758 (2025)
- Status: Active
- Type: Commercial
- Source: MLSPin
- MLS ID: 73466785
- Updated: 1/12/2026
- Added to Site: 8 day(s) ago
Business
- Business Type: Commercial
Location
- County: Essex
- Driving Directions: Union Street - Downtown Lynn
Utilities
- Utility Description: Public Water, Public Sewer
Structural Information
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.03
- Lot Dimensions: .03
- Zoning: Legal Conforming
Financial Considerations
- Tax Amount: $4,758
- Tax Year: 2025
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 172 - 1/2 Union St
School District:Lynn School District
| Name | Grades | Distance |
|---|---|---|
Harrington Elementary School, Lynn, MA 21 Dexter Street, Lynn, MA 01902 | PK-5 | 0.3 mi |
William R Fallon Elementary School 100 Robinson Street, Lynn, MA 01905 | K-6 | 1.7 mi |
Thurgood Marshall Middle School 100 Brookline Street, Lynn, MA 01902 | 6-8 | 0.4 mi |
Fecteau-Leary Junior/Senior High School 33 North Common Street, Lynn, MA 01902 | 7-12 | 1 mi |
Lynn English High School 50 Goodridge Street, Lynn, MA 01902 | 9-12 | 0.6 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 172 - 1/2 Union St
Date
Details
Price
Change
Source
1/08/2026
Listed
$399,900
6.64%
MLS
12/09/2024
Sold
$375,000
—
Public Record
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 172 - 1/2 Union St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,758
4%
$239,600
6%
2024
$4,555
3%
$225,700
8%
2023
$4,443
11%
$208,100
23%
2022
$4,010
-5%
$169,200
—
2021
$4,233
-2%
$169,200
1%
2020
$4,323
3%
$167,100
10%
2019
$4,194
—
$151,900
6%
2018
$4,203
-5%
$142,700
-1%
2017
$4,438
-1%
$144,700
4%
2016
$4,463
-5%
$139,200
—
2015
$4,674
-1%
$139,200
2%
2014
$4,745
—
$136,300
—
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 172 - 1/2 Union St
172 - 1/2 Union Street, Lynn, MA 01901 (MLS# 73466785) is a Commercial property. 172 - 1/2 Union Street is currently listed for $399,900 and was received on January 08, 2026. This property is listed by Eugene Diaz from our Lynnfield Office.Want to learn more about 172 - 1/2 Union Street? 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.


