61 Franklin St, Lynn MA 01902

Lynn, MA 01902

$3K

1 BA · 742 sf · 0.06 ac · Built 1928

Request a Private Showing Enquire by phone · +1 212 920 6260

The residence

Exceptional turnkey restaurant opportunity on a high-visibility corner in downtown Lynn. This freestanding, single-story building offers approximately 742 SF wrapped in storefront glass, with strong all-day foot traffic and on-site parking. A true second-generation restaurant — everything is in place and conveys: a full commercial kitchen with vented Type I hood and ANSUL fire suppression, gas cooking line, walk-in cooler, prep and hand-wash sinks, and a renovated customer restroom. The building has been extensively updated, including a new roof, HVAC, tankless hot water, updated electrical and plumbing, and new flooring throughout. Steps from City Hall, Lynn Common, and Market Street shops and dining, with the MBTA commuter rail nearby for a roughly 20-minute ride to Boston. B2 zoning allows for flexible commercial use. Offered on a triple-net (NNN) lease. Bring your concept — café, taquería, pizzeria, brunch spot, and more — and open with minimal build-out. Ideal for restaurateurs, chefs, and first-time operators seeking a move-in-ready space.

At a glance

Property type: Commercial Lease
Status: Active Under Contract
Year built: 1928
Lot size: 0.06 acres
Living area: 742 sf
MLS#: 64623a5eceb15d43a1a506387c423eae
Beds · Baths: 0 · 1

Location

Lynn, MA.

Lynn, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+

$14/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$3K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Serhant · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords 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.

Listings updated Oct 22, 2026

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