Unique 80-Unit Harbor Front Approved Development Being Put Up By McGrath Realty

LYNN — It is “officially for sale.” McGrath Realty has put up a unique development opportunity at the former location of the beloved Porthole Pub that has been approved as a market rate development opportunity. The proposed mixed-use condominium project, branded and marketed by The Synergy Group as Harbor98, would consist of 80 luxury units including a cinema and business center. The one, two, and three-bedroom unit luxury condos would feature private balconies with ocean views.

“The proposed development we designed for Harbor98 is the perfect addition to Nahant Harbor,” says Patrick McGrath, owner and founder of McGrath enterprises. “After four years of working with the city of Lynn and the state of Mass. to get this project approved, working with the engineers and architects to come up with the plans, and razing the previous property, the timing is no longer right for me and my team to build this development, but we’re optimistic that we can find a developer who will be the perfect fit.”

Located between Seaport Landing Marina and Volunteer Yacht Club in Nahant Harbor, Harbor98 will be a key addition to the newly developed and highly desirable neighborhood of Lynn. The waterfront property is located within close proximity to Boston and Logan airport (less than 10 miles), just minutes from Route 1, and less than a mile from the Lynn MBTA Station, as well as multiple bus stops. Harbor98 is also just minutes from the local beaches (Nahant, Long, and Lynn Beach), Lynn Heritage State Park, North Shore Community College, Lynn Vocational Technical Institution, and the brand new Lynn YMCA branch.