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All Lynn homes
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ActiveListed 133 days ago

$1,550,000

47-53 Central Ave, Lynn, MA 01901

6,346
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
3,572 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1900
On the marketDays since the home was listed. New listings tend to move fastest.
133 days ago
Property type
Commercial
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$244
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$9,449

What’s Special

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.

Listing courtesy of Team Lillian Montalto, Lillian Montalto Signature Properties · MLS PIN #73531957

Facts & Features

Status
Active
Active status flag
Active
Living area
6,346 sqft

MLS PIN #73531957 · Listed June 8, 2026

Location

47-53 Central Ave, Lynn · All Lynn homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

$1,550,000

47-53 Central Ave

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.