1/1

$2,150,000

Sold
Closed
Commercial

1/1

Property Description

Great long term commercial investment opportunity to purchase the "GROUND LEASE" of a major pharmacy chain tenant in prime Lynn high traffic location. Current Walgreens occupant has 15 years remaining on their initial 50-year leasehold. This exceptional building built in early 1990's sits on 26,794 sf. Total area of the building is approximately 9,227 sf. Recent Estate Appraisal completed on behalf of the family.

Full Property Details

Full Property Details for 290 Broadway

General

Sold For: $2,150,000
Taxes: $56,406 (2025)
Status: Closed
Type: Commercial
MLS ID: 73395633
Added to Site: 251 day(s) ago

Location

County: Essex

Structural Information

Year Built: 1994

Lot Features

Lot Size (Acres): 0.62

Financial Considerations

Tax Amount: $56,406
Tax Year: 2025

Disclosures and Reports

Disclosures/Rstr.: The sale is subject to the Ground lease which is available online. Buyer and Buyers agents to do their own due diligence regarding any information they may require.Listing agent is an in-law relationship to the Estate.
Property ID: AKA 304 Broadway, Lynn
Block/Lot/Section: 103

Listed by J. Barrett & Company, Joel E. Margolis
Sold by Vahe Haytayan, Vahe Haytayan

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 290 Broadway —

Joel E. Margolis

J. Barrett & Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 290 Broadway

School District:Lynn School District

Name	Grades	Distance
Edward A. Sisson Elementary School 58 Conomo Avenue, Lynn, MA 01904	K-5	0.1 mi
William R Fallon Elementary School 100 Robinson Street, Lynn, MA 01905	K-6	1.3 mi
Pickering Middle School 70 Conomo Avenue, Lynn, MA 01904	6-8	0.1 mi
Fecteau-Leary Junior/Senior High School 33 North Common Street, Lynn, MA 01902	7-12	1.5 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 290 Broadway

Date

Details

Price

Change

Source

11/12/2025

Sold

$2,150,000

-14%

MLS

6/24/2025

Listed

$2,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

46 Stetson Ave, Swampscott, MA 01907 - Photo 1

Just Listed

$649,000

46 Stetson Ave Swampscott, MA 01907

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,757
Sq. Ft.

441 Essex St, Swampscott, MA 01907 - Photo 1

Just Listed

$575,000

441 Essex St #302 Swampscott, MA 01907

Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,192
Sq. Ft.

1004 Paradise Rd, Swampscott, MA 01907 - Photo 1

Just Listed

$349,000

1004 Paradise Rd #1L Swampscott, MA 01907

Condo
Active
Updated 1 day ago

1
Bed
1
Total Bath
780
Sq. Ft.

22 Hemenway Rd, Swampscott, MA 01907 - Photo 1

Just Listed

$779,000

22 Hemenway Rd Swampscott, MA 01907

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,751
Sq. Ft.

146 Burrill St, Swampscott, MA 01907 - Photo 1

Price Reduced

-$10,000 (-1.5%)

$655,000

146 Burrill St Swampscott, MA 01907

Commercial
Active

148 Humphrey St, Swampscott, MA 01907 - Photo 1

Price Reduced

-$200 (-8.33%)

$2,200

148 Humphrey St Swampscott, MA 01907

Commercial Lease
Active

Price Reduced

-$10,000 (-1.5%)

$655,000

146 Burrill St Swampscott, MA 01907

Multi-Family
Active
Updated 13 hours ago

2
Units
1
Total Beds
0.04
Acres

Price Reduced

-$39,100 (-5.76%)

$639,900

6 Allen Rd Peabody, MA 01960

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,322
Sq. Ft.

135 Pleasant St, Lynn, MA 01901 - Photo 1

Sold

$1,900,000

135 Pleasant St Lynn, MA 01901

Industrial
Closed

69 Atlantic Ave, Swampscott, MA 01907 - Photo 1

Sold

$2,275,000

69 Atlantic Ave Swampscott, MA 01907

Single Family
Closed

5
Beds
5
Total Baths
7,697
Sq. Ft.

23 Phillips Rd, Nahant, MA 01908 - Photo 1

Sold

$2,000,000

23 Phillips Rd Nahant, MA 01908

Single Family
Closed

5
Beds
3
Total Baths
3,357
Sq. Ft.

179 Beach Bluff Ave, Swampscott, MA 01907 - Photo 1

Sold

$2,295,000

179 Beach Bluff Ave Swampscott, MA 01907

Single Family
Closed

6
Beds
7
Total Baths
5,994
Sq. Ft.

290 Broadway, Lynn, MA 01904 (MLS# 73395633) is a Commercial property that was sold at $2,150,000 on November 12, 2025. Want to learn more about 290 Broadway? 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.

290 Broadway Lynn, MA 01904