Introduction
1 Knights of Columbus Way is located in Lynnfield, MA. This address holds historical significance. It has been a central location for local events and community gatherings. The property is known for its connection to the Knights of Columbus organization. This group has a rich history of charitable work and community service. The building at 1 Knights of Columbus Way often hosts events, meetings, and social activities. It serves as a hub for both the organization and the local community. The property reflects the town’s history and its commitment to community values.
Property Details
Location: 1 Knights of Columbus Way is in Lynnfield, MA. This location is close to Boston. It is very convenient with easy access to Route One North & South. This makes travel to nearby areas simple and quick.
Specifications:
- The building was built in 1930. It has a classic, historical feel.
- The total area is 3600 sq ft. This space is spread over two levels, offering plenty of room for various activities.
- There is an additional 2200 sq ft in the unfinished basement. This space can be used for storage or future development.
- The lot size is 1.3 acres. This provides a lot of open space and flexibility for outdoor activities or events.
- There are 25 parking spaces available. This is very convenient for events and meetings.
- The property is zoned for RB (Residential Business). This zoning allows for both residential and business use, providing great flexibility for future use.
1 Knights of Columbus Way offers a great combination of location, space, and versatility. Its proximity to Boston and easy access to major routes make it a prime location. The historical building, large lot, and ample parking add to its appeal. This property is perfect for a variety of uses, thanks to its RB zoning.
Features of the Property
Main Level:
- Smaller function area: Ideal for meetings or small gatherings.
- Large hall area: Perfect for events, parties, or large meetings.
- Kitchen: Fully equipped for catering and meal preparation.
- Half bath: Convenient for guests and event attendees.
- Bar area: Great for social events and gatherings.
Upper Level:
- Two offices: Suitable for administrative work or private meetings.
- Conference room: Perfect for group meetings and discussions.
- Full bath: Provides convenience for those using the upper level.
Sale and Pricing History
1 Knights of Columbus Way has a detailed sales and pricing history:
- Originally listed for $649,000: The initial asking price for the property.
- Sold for $665,000 on March 27, 2024: The final sale price, showing a higher demand.
- Property taxes approximately $10,520 annually: The yearly cost for property taxes.
for property taxes.
Investment Opportunities
1 Knights of Columbus Way offers various investment opportunities:
Potential uses for the property:
- Retail or office space: Ideal for shops, professional offices, or service businesses.
- Multiple separate spaces for different businesses: The large area can be divided to accommodate several businesses, increasing rental income.
- Possibility for tear-down and rebuild for new developments: The 1.3-acre lot offers ample space for new construction projects, providing a fresh start for modern developments.
1 Knights of Columbus Way is versatile, making it a smart choice for investors looking for diverse opportunities.
Nearby Amenities and Schools
1 Knights of Columbus Way benefits from its location in Lynnfield, MA, offering convenient access to local amenities and schools.
Proximity to local schools:
- Lynnfield High School: Close by, providing quality education for high school students.
- Pickering Middle School: Nearby, catering to middle school students.
Nearby public amenities and recreational areas:
- Public parks: Great for outdoor activities and family outings.
- Shopping centers: Convenient for everyday needs and retail therapy.
- Restaurants and cafes: Various dining options to enjoy local cuisine.
- Recreational areas: Spaces for sports, exercise, and leisure activities.
Living or working at 1 Knights of Columbus Way means being close to essential services, schools, and leisure spots, making it a desirable location for families and businesses alike.
Community and Cultural Significance
1 Knights of Columbus Way holds a special place in Lynnfield, MA, due to its strong ties to the community and its cultural significance.
Current and previous use by the Knights of Columbus:
- The property has been used by the Knights of Columbus, a historic Catholic fraternal organization.
- The organization is known for its charitable work and community service, making the property a hub for positive local impact.
Community events and activities hosted at the property:
- Regular community events, including social gatherings, fundraisers, and cultural activities.
- Meetings and events organized by the Knights of Columbus, promoting unity and community spirit.
- The property has served as a venue for various local celebrations and functions, making it an integral part of the community fabric.
1 Knights of Columbus Way is more than just a property; it is a cornerstone of community life in Lynnfield, fostering social connections and supporting cultural activities.
Conclusion
1 Knights of Columbus Way in Lynnfield, MA offers a unique blend of historical charm and investment potential. Key features include:
- A historic building with a total area of 3600 sq ft over two levels and an additional 2200 sq ft in the unfinished basement.
- A lot size of 1.3 acres with 25 parking spaces.
- Zoned for RB (Residential Business), providing flexibility for various uses.
The investment potential is significant, with options for retail or office space, multiple separate business spaces, or a tear-down and rebuild for new developments.
The property also benefits from proximity to Lynnfield High School and Pickering Middle School, as well as public parks, shopping centers, restaurants, and recreational areas. The historical and cultural significance, due to its use by the Knights of Columbus and community events, adds to its appeal.
Sources and References
- Property details and history from J Barrett Realty and Coldwell Banker Homes (ColdwellBankerHomes.com).
- Community information and local amenities from Red Tree Real Estate Boston.