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617-436-2000

47-53 Central AvenueLynn, MA 01901Price: $1,600,000

  • Price: $1,600,000
  • 2 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,600,000List Price
  • 0.08Acreage
  • 6,346Square Feet
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901
47-53 Central Avenue Lynn MA 01901

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Listed by Team Lillian Montalto of Lillian Montalto Signature Properties
Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central Ave and Chestnut St, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, 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.

Property Details of 47-53 Central Avenue

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