Compared to the rest of the Greater Boston market, the Downtown Lynn region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,840 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 5 floors. Most buildings in this market were built in 1914 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the residents of Downtown Lynn work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.