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$1,100,000
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Property Description
CENTRAL BUSINESS DISTRICT ZONING - Outstanding development opportunity located in the heart of Lynn's Central Business District. 8,577 sq. ft. footprint in the highly desirable CBD High-Density Residential District. This site is perfectly positioned for a multi-family redevelopment, with zoning that allows for conversion to apartments or condominiums by right. High-Density Zoning: "By-Right" in Massive Buildable Area. Vertical Potential: Height allowance up to 120 ft by right, with potential for more via special permit. Existing Structure: Solid 8,400 sq. ft. steel-frame industrial building with partially raised concrete floors. Reach out for prospective zoning report!
Full Property Details
Full Property Details for 34-36 Farrar St
General
- Price: $1,100,000
- Taxes: $11,348 (2025)
- Status: Active
- Type: Industrial
- Source: MLSPin
- MLS ID: 73459110
- Updated: 12/11/2025
- Added to Site: 84 day(s) ago
Business
- Business Type: Industrial
Location
- County: Essex
- Driving Directions: Use GPS
Utilities
- Utility Description: Public Water, Public Sewer
Structural Information
- Year Built: 1913
Lot Features
- Lot Size (Acres): 0.2
- Lot Dimensions: .2
- Zoning: Legal Conforming
Financial Considerations
- Tax Amount: $11,348
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: Building floor plan approximate. Parking spaces described as prior auto shop permit for 75 cars. Partially raised concrete interior. Rear wall of property partially shared with 35 Suffolk st. Buyer and buyer agents to conduct due diligence.
- Property ID: M:081 B:590 L:017, 2002692
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 34-36 Farrar St
School District:Lynn School District
| Name | Grades | Distance |
|---|---|---|
Harrington Elementary School, Lynn, MA 21 Dexter Street, Lynn, MA 01902 | PK-5 | 0.2 mi |
William R Fallon Elementary School 100 Robinson Street, Lynn, MA 01905 | K-6 | 1.6 mi |
Fecteau-Leary Junior/Senior High School 33 North Common Street, Lynn, MA 01902 | 7-12 | 0.7 mi |
Thurgood Marshall Middle School 100 Brookline Street, Lynn, MA 01902 | 6-8 | 0.8 mi |
Lynn English High School 50 Goodridge Street, Lynn, MA 01902 | 9-12 | 1 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 34-36 Farrar St
Date
Details
Price
Change
Source
12/02/2025
Listed
$1,100,000
780%
MLS
8/15/1997
Sold
$125,000
—
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 34-36 Farrar St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,348
5%
$571,400
7%
2024
$10,760
6%
$533,200
12%
2023
$10,128
10%
$474,400
22%
2022
$9,231
-4%
$389,500
1%
2021
$9,630
3%
$384,900
6%
2020
$9,380
5%
$362,600
12%
2019
$8,940
1%
$323,800
8%
2018
$8,847
-3%
$300,400
1%
2017
$9,091
-1%
$296,400
4%
2016
$9,137
-5%
$285,000
—
2015
$9,570
-3%
$285,000
—
2014
$9,890
—
$284,100
—
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 34-36 Farrar St
34-36 Farrar St, Lynn, MA 01901 (MLS# 73459110) is a Industrial property. 34-36 Farrar St is currently listed for $1,100,000 and was received on December 02, 2025. This property is listed by Marc Green from our Marblehead Office.Want to learn more about 34-36 Farrar St? Do you have questions about finding other Industrial real estate for sale in Lynn? You can browse all Lynn real estate or contact a Coldwell Banker agent to request more information.


