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Jeffrey Carroll Acquires Development Site In Lynn, MA For $500,000

Property Image
SOLD
$500,000

Massachusetts

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Development Site2,701 SF
Sold 03/01/2021
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Property Image
SOLD

Jeffrey Carroll Acquires Development Site In Lynn, MA For $500,000

96 Ford Street, Lynn, Massachusetts, USA

See Similar Deals
Development Site2,701 SF
Sold 03/01/2021
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Development Site
Price Per Square Foot:$185
Total Square Footage:2,701 SF
Transaction Type:Sale

Teamsters Local42 sold a development site located at 96 Ford Street in Lynn, MA. The property was purchased by Jeffrey Carroll for a total sale price of $500,000. The development site spans 2,701 square feet, resulting in a price per square foot of $179. The total building square footage is 7,500, which equates to a price per building square foot of $67. The transaction took place on March 1, 2021.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $500,000
  • Address: 96 Ford Street, Lynn, MA
  • Seller: Teamsters Local42
  • Buyer: Jeffrey Carroll
  • Broker: David Maker - Maker Capital

This sale marks the last industrial plot on Boston Street Business District that is zoned for cannabis use. The property presents a significant opportunity for Jeffrey Carroll, who will develop the site for this purpose.

Players

David Maker
David Maker
7 deals$3M volume(617) 504-4157
BROKER

Details

SOLD
IMAGE: David Maker DATE: 03/01/2021 ADDRESS: 96 Ford Street MARKET: Lynn, MA ASSET TYPE: Development Site SELLER: Teamsters Local42 BUYER: Jeffrey Carroll BROKER: David Maker - Maker Capital ASKING PRICE: $500,000 SALE PRICE: $500,000 SF: 2,701 ~ PPSF: $179 BSF: 7,500 ~ PPBSF: $67 NOTE: Last Industrial Plot on Boston Street Business District Zoned for Cannabis Use

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