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47-53 Central Ave

Lynn, MA 01901
  • $1,600,000
  • STATUS: Active
  • MLS #: 73531957
UPDATED: 58 min ago
$1,600,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,346
    SQFT
  • $252
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing courtesy of Team Lillian Montalto of Lillian Montalto Signature Properties.

Description

Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central & Washington, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, a walk score of 90 and a dense surrounding population. This well-known property has been home to the iconic Cal's News for nearly 90 years, establishing a long-standing reputation and loyal customer base within the community. The building consists of two retail units: the left-side unit is owner-occupied by Cal's News, a tobacco, magazine, and lottery c-store, while the right-side unit is leased to a successful Latin Restaurant & Bar, providing stable rental income. Ideal for an owner-occupant seeking to operate their own business, expand an existing concept, or capitalize on the established location and customer traffic. Additional income is generated from a double-sided rooftop billboard. Latin restaurant is currently in a lease; contact the listing agent for additional information.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-07-12T20:03:33.89.
www.c21revolution.com/homes/177457383
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47-53 Central Ave Lynn, MA 01901

  • Price: $1,600,000
  • Status: Active
  • On Site: Days
  • Updated: 58 min ago
  • MLS #: 73531957
0
Beds
0
Baths
0
½ Baths
0.08
Acres
6,346
SQFT
$252
$/SQFT
1900
Built
County:
Essex
Property Description
Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central & Washington, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, a walk score of 90 and a dense surrounding population. This well-known property has been home to the iconic Cal's News for nearly 90 years, establishing a long-standing reputation and loyal customer base within the community. The building consists of two retail units: the left-side unit is owner-occupied by Cal's News, a tobacco, magazine, and lottery c-store, while the right-side unit is leased to a successful Latin Restaurant & Bar, providing stable rental income. Ideal for an owner-occupant seeking to operate their own business, expand an existing concept, or capitalize on the established location and customer traffic. Additional income is generated from a double-sided rooftop billboard. Latin restaurant is currently in a lease; contact the listing agent for additional information.
Exterior Features

Roof Rubber Waterfront YN No

Interior Features

Building Area Total 6346

Property Features

Association YN No Business Type Commercial Disclosures Do Not Show Up Unannounced! Owner occupied Cal's News. Cal's News business/ inventory subject to separate sale - to be negotiated . Subject to new owners approval of Lotto and tobacco license transfer. Existing Lease Type NetOther (See Remarks) Home Warranty YN No Senior Community YN No Tax Annual Amount 9449 Tax Year 2025 Utilities Public WaterPublic SewerNatural Gas AvailableSee Remarks Zoning CBD

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Team Lillian Montalto of Lillian Montalto Signature Properties: 978-475-1400.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-07-12T20:03:33.89.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Team Lillian Montalto of Lillian Montalto Signature Properties.