39 Nelson St

Lynn, MA 01905

2,340 SF Self-Storage BuildingBuilt in 1922

Property is for sale at $319,000 ($136.32/SF)

Presenting:

Page 1

Investment Information

39 Nelson StLynn, MA 01905

2,340 SF Self-Storage BuildingBuilt in 1922Property is for sale at $319,000 ($136.32/SF)

Sale Price: $319,000

Price/SF: $136.32

1Days on Market:

Sale Type: Investment Or Owner User

Sale Status: Active

9.00%Cap Rate:

Sale Conditions: Build to Suit

For Sale Data

Vincent Kilrow

39 Nelson St

Lynn, MA 01905

(781) 233-0900

Sales Contacts

Vincent Kilrow

(781) 233-0900 phone

Immaculate In good condition. 13 bay garages, Great for hobbyist or investment fully rented, Room to increase rents. Close to everything.Agents With buyers welcome

Notes

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 2

Property Information

39 Nelson StLynn, MA 01905

2,340 SF Self-Storage BuildingBuilt in 1922Property is for sale at $319,000 ($136.32/SF)

Building Information

Building Type: Self-Storage

RBA: 2,340 SF

GBA: 2,340 SF

Typical Floor Size: 2,340 SF

Building Status: Built 1922

Stories: 1

Land Area: 0.20 AC

Zoning: R4

Expenses: 2019 Tax @ $1.85/sf

Amenities: Storage Space

Parking: Ratio of 0.00/1,000 SF

Parcel No: LYNN-000037-000278-000027

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 3

Location Information

39 Nelson StLynn, MA 01905

Metro Market:

Submarket:

County:

Boston

Route 128 North/Saugus/Lynn

Essex

City Level

Street Level

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 4

Comps Information

39 Nelson StLynn, MA 01905

Building Class:

RBA:

Stories:

YearBuilt:

Sale Price:

Price/SF:

Cap Rate:

Building Class

RBA

Stories

YearBuilt

$319,000

Price/SF

9.00%

Days on Market: 1

YearBuilt: YearBuilt

YearBuilt: YearBuilt

36 Bay St * Manchester, NH 03104

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

C

4,280 SF

2

45.09 miles from subject property

$500,000

$116.82

-

Oct 9, 2017

Bldg Status: 1930

Land Area: 0.28 AC

187 Main St * Newmarket, NH 03857

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

C

3,904 SF

2

42.63 miles from subject property

$323,000

$82.74

-

May 25, 2018

Bldg Status: 1830

Land Area: 0.12 AC

48-52 High St * Hampton, NH 03842

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

C

2,972 SF

2

33.94 miles from subject property

$320,000

$107.67

-

Oct 15, 2019

Bldg Status: 1890

Land Area: 0.64 AC

25 Lincoln St * Framingham, MA 01702

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

C

4,138 SF

3

Alyson Burchill

25.90 miles from subject property

$425,000

$102.71

-

Oct 25, 2019

Bldg Status: 1900

Land Area: 0.20 AC

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 5

Comps Information (cont'd)9 Main St * Pelham, NH 03076

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

B

2,300 SF

2

25.99 miles from subject property

$200,000

$86.96

-

Jul 6, 2018

Bldg Status: 1846

Land Area: -

212 Schoosett St * Pembroke, MA 02359

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

B

2,700 SF

2

26.37 miles from subject property

$460,000

$170.37

-

Jan 30, 2019

Bldg Status: 1957

Land Area: 1.13 AC

85 Essex St, 3/3rd Floor * Haverhill, MA 01832

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

C

2,375 SF

5

22.49 miles from subject property

$225,000

$94.74

-

May 9, 2019

Bldg Status: 1900

Land Area: 0.11 AC

1-4 Frank Leary Way, 4/1st Floor * Randolph, MA 02368

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

B

1,266 SF

1

20.86 miles from subject property

$190,000

$150.08

-

Jan 4, 2019

Bldg Status: 1970

Land Area: -

1057 Main St * Tewksbury, MA 01876

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

B

3,400 SF

2

16.92 miles from subject property

$384,200

$113.00

-

Mar 7, 2019

Bldg Status: 1919

Land Area: 0.32 AC

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 6

Comps Information (cont'd)32 Chestnut St * Quincy, MA 02169

Bldg Type:

Class:

RBA:

Stories:

Buyer:

Sold Price:

Price/SF:

Cap Rate:

Distance:

Sold Date:

Office

C

2,318 SF

1

Hancock Quincy Center LLC

14.66 miles from subject property

$250,000

$107.85

-

Mar 21, 2017

Bldg Status: 1935

Land Area: 0.06 AC

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 7

Tenant Information

39 Nelson StLynn, MA 01905

Tenants in Building:

% Leased:

Tenancy:

Owner Occupied:

1

100.0%

-

-

Tenant Industry #

Emp. SFOccupied Floor(s)

MoveDate

ExpirationDate

Vincent Kilrow 500 1 04/08/2019 Owned

Copyrighted report licensed to Economic Development & Industrial Corporation Lynn - 999750.3/3/2020

Page 8