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  • Address Undisclosed, Salem, MA 01970
  • $18
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 0 Half BathroomHalf Bathrooms
  • 2,450 Sqft
  • Sold On

Address Undisclosed, Salem, MA 01970

  • Open House
  • New Listing


  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 2,450 Sqft
  • Commercial
  • Active
  • MLS# 72266178
  • Sold On
0 More Schedule
  • Price Reduced$3

Property Information Address Undisclosed

  • MLS72266178
  • Zip Code01970
  • TypeCommercial
  • Sq. Ft.2, 450
  • Parking 11-20 Spaces, On Site
  • Parking19
  • Year Built2013
  • Acreage2.6
  • Estimated Taxes$92, 656
High exposure retail/restaurant space on the ground floor of 51 unit apartment complex completed in 2014. Two separate units can be leased individually, or possibly together to a single user. Unit 2 is approximately 2,400 sq. ft. end-cap, currently in "shell condition", and is adjacent to dedicated on-site parking. Unit 1 is roughly 1,600 sq. ft. in-line, built-out as a sandwich shop. Existing equipment may possibly be available for sale. Located at the signalized intersection of Rts. 1A and 114, along the Gateway Corridor to Downtown Salem. Excellent exposure and visibility. Strong pedestrian, bike, and vehicular traffic. Rent for Unit 2 is $18.00 per sq. ft., NNN. The rent for Unit 1 is $22.000 per sq. ft., NNN. Estimated triple net charges are $5.50-$6.50 per sq. ft. Ideal for restaurants and numerous retail operations.

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Listing courtesy of: David Hark, The Drumlin Group Inc. © 2018 MLS Property Information Network, Inc. All Rights Reserved.