Downtown Lynn Retail

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Downtown Lynn

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
900
As of: March 12, 2017

Downtown Lynn Rates

Most listings are in the $30's per square foot per year. The Downtown Lynn submarket is going through a a boost in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Compared to the rest of the Greater Boston market, the Downtown Lynn region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Lynn Listing Supply

In the last 90 days, 4 listings have been listed, which means leases most likley are 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.

The standard measurement for office space in this area is around 900 sqft. Most buildings in this market are close to 5 floors. Most buildings in this region 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 region. Most of the folk 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