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Prime commercial opportunity in the heart of Lynn! Located at the highly visible corner of Central Ave and Chestnut St, 47-53 Central Ave benefits from exceptional traffic counts, strong pedestrian activity, and a dense surrounding population. This well-known property has been home to the iconic Cal's News for over 60 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.
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Listing provided by Team Lillian Montalto, Lillian Montalto Signature Properties
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