Downtown Lynn Office Space

Downtown Lynn

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
230
As of: April 26, 2017

Downtown Lynn Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Lynn submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $45 per sqft per year.

Downtown Lynn Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 230 sqft. Most properties in this region are approximately 5 floors. Most buildings in this area were built in 1914 and are Class B.

Downtown Lynn Community

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 market. Most of the occupants of Downtown Lynn work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Lynn.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Lynn.
Research