For Sale
47-53 Central Ave
Lynn, MA
$1,550,000
6,346 sf
Courtesy of Lillian Montalto Signature Properties
This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.
The listing brokerage last updated this record on September 11, 2026.
Photographs
17 photographs from the listing brokerage, shown as they published them.
About this home
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.
The details
- Property type
- Commercial
- Interior
- 6,346 sq ft
- Lot
- 0.08 acres
- Year built
- 1900
- Price per sq ft
- $244
- County
- Essex
- Taxes
- $9,449 (2025)
- Roof
- Rubber
- Zoning
- CBD
- MLS #
- 73531957
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