Salem MA Real Estate & Commercial for Sale

34 Properties Found

The median home value in Salem, MA is $320,500. This is lower than the county median home value of $377,500. The national median home value is $185,800. The average price of homes sold in Salem, MA is $320,500. Approximately 45.72% of Salem homes are owned, compared to 47.29% rented, while 6.99% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Salem real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72516045
Type:
Business Opportunities
Lot size:
2.3 Acres
Courtesy: Options Real Estate
View additional info

IDEALLY LOCATED OFFICE BUS SPACE-HIGHLY VISIBLE LOCUS IN VINNIN SQUARE SHOPPING AREA ON SALEM SWAMPSCOTT/MARBLHEAD LINE @ corner of Paradise/Loring. This 2nd floor space has approximately 1,200 plus SF, private bath with separate entry. Suggested uses are Office, Retail, Medical, or other Professional space. Perfect for multiple uses, located on bus line and walk to train. Right hand side, 2nd floor of this well-maintained, stand-alone building having its own door/entrance, walkup 2nd floor (no elevator). This unit is currently composed of 4 rooms/waiting area, smaller room, and a huge room, and own private bath, plus storage in basement. The unit has been recently painted and a new floor to be provided of choosing by tenant. Building can have a sign of choice, and has a shared parking lot out back. Formerly used as an insurance agency for many years, downstairs has a chiropractor and nail salon, can be used for any professional purpose. $1,395 plus utilities-MODIFIED GROSS.

Beds:
n/a
Baths:
Sq.Ft.:
738
Status:
Active
MLS#:
72514351
Type:
Office
Courtesy: Tache Real Estate, Inc.
View additional info

738 square foot office space, could be divided into 2-3 smaller spaces or used as 1 large open space. Electric heat and utilities by tenant. Ample parking. Central air.

Beds:
n/a
Baths:
Sq.Ft.:
2,409
Status:
Active
MLS#:
72511602
Type:
General Commercial
Lot size:
0.21 Acres
Courtesy: Keller Williams Realty
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Pleased to announce the availability of 84 Congress St. Salem. This is a great opportunity to become part of Salems revitalization. Currently used as a well-established auto repair business this location offers the potential for change of use. Zoned R3 is residential multifamily which allows a variety of uses by right or exception. This is a highly visible 9000 sf corner lot with 4 curb cuts located on the corner of Congress and Dow. This is a partial 2 story 2409 sf building with 4 bays, 2 drive in doors, 2 lifts (10 ton & 12 ton), 200 Amp triple phase power and compressor. Second floor office space has separate exterior entrance with private office, reception area, large walk in storage room, kitchenette, private bathroom with shower. Ground floor office has reception area with private office and private bathroom. This could be a great opportunity for redevelopment multi residential use. Property is 21 E compliant.

Beds:
n/a
Baths:
Sq.Ft.:
2,700
Status:
Active
MLS#:
72503381
Type:
Office
Lot size:
0.18 Acres
Courtesy: The Drumlin Group Inc.
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Sublease a second floor Class A office suite in heart of downtown Salem. The exquisitely renovated and preserved historic building was the original home of Salem Savings Bank. It is served by an elevator. The two level layout features an abundance of natural light, new carpets, high ceilings, with interior glass insert walls and windows. The main floor contains two private offices, a conference room, open space, perfect for collaborative interaction, a kitchenette, storage, and multiple closets. The mezzanine offers four additional private offices. There are shared restrooms on the floor. Available term up to three years. The rental rate is fully gross and includes: real estate taxes, common area maintenance, utilities, and office cleaning. Subtenant is responsible for communication system and internet. Suitable for numerous professionals such as lawyers, architects, accountants, financial planners, insurance agents, etc. Walk to everything (train, courts, restaurants, PEM, and hotels.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72497233
Type:
Office
Lot size:
0.1 Acres
Courtesy: Land and Sea Real Estate, Inc.
View additional info

Just listed! Great opportunity! Located on a major road, downtown location. Parking on site. Currently permitted for a dental office. For other types of allowed uses, buyer would apply for a special permit per Section 3.3.2 Nonconforming Uses of the Salem Zoning Ordinance https://library.municode.com/ma/salem/codes/zoning_ordinance?nodeId=S3.0USRE_3.3NOUSST

Beds:
n/a
Baths:
Sq.Ft.:
5,838
Status:
Active
MLS#:
72494908
Type:
General Commercial
Lot size:
0.16 Acres
Courtesy: Thread Real Estate, LLC
View additional info

Big brick commercial building, with 3 storefronts currently use as restaurant plus a 2nd floor also as commercial space in Historic famous tourist site Salem willows park by the ocean. The 3 restaurants now are as seasonal business. Total monthly rent is $7,533. Annual rent is $90,396. Great investment opportunity for cash flow or use 1 of the restaurant space for your own business ( all 3 storefront are rented with 3-4 year lease left, but 1 of the restaurant is ok to vacate if someone can pickup the lease) . More than 100 parking space in the park or around. Sale as is. Serious buyer only. Must sign NDA form and show proof of funds before showing.

Beds:
n/a
Baths:
Sq.Ft.:
664
Status:
Active
MLS#:
72494137
Type:
Office
Lot size:
0.61 Acres
Courtesy: The Drumlin Group Inc.
View additional info

Opportunity to lease a very well maintained office condo in the heart of Downtown Salem. The entryway is on a quiet courtyard. The current layout consists of 2-3 separate rooms, open areas, storage, and a private restroom. The unit features a high ceiling and glass frontage, offering plenty of natural light. Easy walk to commuter rail station, Essex St. Pedestrian Walk-Way, County Courts, City Hall, Shetland Park, Peabody Essex Museum, Pickering Wharf, shops, restaurants, hotels, and area attractions and destinations. There are multiple municipal parking lots and two enclosed city owned parking garages in close proximity of the property. The office is suitable for numerous professionals including: lawyers, accountants, brokers, architects, financial planners, insurance agents, etc. The rent is net of separately metered electric utilities (HVAC/outlets/lights), communications, and internet.

Beds:
n/a
Baths:
Sq.Ft.:
1,788
Status:
Active
MLS#:
72493686
Type:
General Commercial
Lot size:
0.05 Acres
Courtesy: Green Star Realty
View additional info

Business with Real estate!Nice elegant well organized business built/established in 2016.Offering Beer/Wine,Grocery,Cigarettes and Lottery.Great corner location on a busy street and surrounded by dense neighborhood with no competition nearby. Lottery sale increased 37% in 2018 and business is growing every day. Well-equipped business has 10 door walk in cooler.Spacious with room to expand. Grow your business by adding Deli/Sandwich/ Food and more features. Good ATM commission and has EBT. Business operated by seller who also owns property. Not to miss! Also in MLS# 72464914

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72491675
Type:
Business Opportunities
Lot size:
0.09 Acres
Courtesy: ALB Realty
View additional info

Fast food place with great potential, chance to take over business. Crown Fried Chicken downtown Salem. Busy area with a lot of foot and car traffic. In the tourist and historical district , super location. Owners had to stop for family reasons , motivated sellers, chance to start something with great potential. Rent $1700 a month , very manageable expenses and low bills.

Beds:
n/a
Baths:
Sq.Ft.:
6,420
Status:
Active
MLS#:
72486239
Type:
General Commercial
Lot size:
0.08 Acres
Courtesy: Keller Williams Realty
View additional info

now an investor looking for an amazing opportunity in Salem MA? Minutes from the Derby Waterfront District. 3 Store fronts equaling 3240sqft, 1 is currently rented on a short term lease generating $18,000 per year. 2nd floor is an additional 3420 sqft. Would be perfect for a medical practice, business offices or can easily be conformed into 2 apartments for a money generating BnB or rentals. (2nd floor currently has 9 rooms, full kitchen and 3 bathrooms

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72476553
Type:
Other
Lot size:
3.04 Acres
Courtesy: The Drumlin Group Inc.
View additional info

This is an assemblage of three parcels of land on Canal Street, opposite Salem State University, in Salem, Ma. Two of the parcels have buildings with tenants who are "tenants-at will". There is considerable extra acreage here but we have included just 3.6 acres as being developable. The lots include 266, 288 and 282R Canal Street as shown on the assessors' plans. The combined site is ideal for a mixed use multi tenant retail and apartment development on the rail trail and near the proposed new South Salem MBTA rail stop. This will be an un-subordinated ground lease up to 99 years. Property owners will negotiate a "due diligence" period and "permitting period" with the potential developer. The asking ground rent is $275,000/year.

Beds:
n/a
Baths:
Sq.Ft.:
3,604
Status:
Active
MLS#:
72474177
Type:
General Commercial
Lot size:
0.13 Acres
Courtesy: Tache Real Estate, Inc.
View additional info

Solid brick building on the edge of downtown.

Beds:
n/a
Baths:
Sq.Ft.:
3,738
Status:
Active
MLS#:
72471660
Type:
General Commercial
Lot size:
0.92 Acres
Courtesy: The Drumlin Group Inc.
View additional info

This is a long standing bank branch location with a drive through window. The location is highly visible on one of the best retail intersections in Salem. The City and State just completed extensive roadway improvements. Join CVS, Richdale and Auto Zone in this busy plaza across the street from Salem State University and close to Marblehead, Swampscott and Vinnin Square. The space is easily adaptable to many retail or restaurant uses. This is a triple net lease.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72464914
Type:
Business Opportunities
Courtesy: Green Star Realty
View additional info

Business with Real Estate!Nice elegant well organized business built/established in 2016. Offering Beer/Wine,Grocery,Cigarettes and Lottery.Great corner location on a busy street and surrounded by dense neighborhood with no competition nearby. Lottery sale increased 37% in 2018 and business is growing every day. Well-equipped business has 10 door walk in cooler.Spacious with room to expand. Grow your business by adding Deli/Sandwich/ Food and more features. Good ATM commission and has EBT. Business operated by seller who also owns property.Seller also willing to sell Business if buyer interested for business only.Business asking price $95,000. +Inventory. Rent will be $2500/month+NNN. Also in MLS #72493686

Beds:
n/a
Baths:
Sq.Ft.:
20,615
Status:
Active
MLS#:
72454259
Type:
General Commercial
Lot size:
1.56 Acres
Courtesy: The Drumlin Group Inc.
View additional info

See attached Request for Proposals

Beds:
n/a
Baths:
Sq.Ft.:
1,060
Status:
Active
MLS#:
72451562
Type:
General Commercial
Lot size:
0.16 Acres
Courtesy: Thread Real Estate, LLC
View additional info

Do not wait, lease now! Low investment, high return ice cream shop. Previous famous ice cream shop Cindy's Planet in the beautiful Salem Willows Park (famous tourist attraction) near the Ocean. The 2 neighboring restaurants and this restaurant had been in business successfully for over 13 years. Lots of foot traffic, especially during summer time. Triple net. 1060 Sf. cash business, no financial will be provided.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72451560
Type:
General Commercial
Courtesy: Thread Real Estate, LLC
View additional info

Turnkey BIG Chinese restaurant- Dine-in, Take out, and Delivery. however, other type of restaurant opportunities are possible.The famous Genghis Salem restaurant in the beautiful Salem Willows Park (famous tourist attraction) near the Ocean. You can utilize all kitchen equipment and tools Plus recipe of *Chop Suey Sandwich*,* Tender Steak Sanwich* and many more. A cash cow with lifestyle. Seasonal business (or deliveries in winter). Lots of foot traffic during summer time. DO NOT miss this!! Just pick up current lease from current tenants. Triple net

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72450826
Type:
Business Opportunities
Lot size:
0.06 Acres
Courtesy: Atlantic Coast Homes
View additional info

Established check cashing business is for sale. High visibility location - directly across from Lafayette Park with ample street parking, metered parking and high foot traffic. Sandwiched between 2 very busy intersections of Washington St. and Lafayette St. All office equipment, furniture and fixtures to be sold with the business including: ATM, 60 PMBs (Personal Mail Box Services), Copy/Fax Equipment, Computers, Security Video System and 2 Safes. Other services currently offered at this location include: notary public, money orders, utility payment, tax prep, lottery and money transfers. Current office configuration consists of 2 large offices, 4-station teller counter, glass retail credenza, kitchen, 2 half baths and clean and dry basement for storage. First floor consists of 1949 sqft. and basement storage includes an additional 1485 sqft. Annual lease offered to new buyer at 2500/month for the first year. Gross sales are $205,972.00. Books available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
10,880
Status:
Active
MLS#:
72445004
Type:
Industrial
Lot size:
0.44 Acres
Courtesy: The Drumlin Group Inc.
View additional info

Former automotive repair garage containing 9,600 s.f. on the first level plus a walkup concrete mezzanine. Heavy power. Natural gas just brought into site. High bay garage can accommodate trucks and busses. Industrial and Highway Business zoning. Roof recently updated. Former waiting area has two handicap bathrooms and is air conditioned. Additional shop bathroom and kitchen. Multiple business offices. Drive in doors in front and back of building. Additional cement block building is unheated. Excellent parking and possible outdoor storage. Suitable for many uses. Lease cost is $10/s.f. triple net.

Beds:
n/a
Baths:
Sq.Ft.:
86,000
Status:
Active
MLS#:
72445904
Type:
General Commercial
Lot size:
4.5 Acres
Courtesy: Horizon Capital Realty
View additional info

This new 86,000 square foot Laboratory/Multi-Use Building will have up to 50,000 SF available for lease that is subdividable. Tenant(s) will have the unique opportunity to work with the owner to customize the build-out of their space. This secure state of the art facility has 13ft ceiling heights (slab to slab), all the latest electronic building systems, back up power generator and is Class A steal beam construction. Owner will be interested in a sale or lease. The current tenant, US Biological, will occupy 35,000 sqft in a long term lease. The building is located in Salem Business Park with Doyle Sailmakers, Baker School of Gymnastics, Salem Glass, Thermal Circuits, and Jaqueline's Wholesale Bakery. This is a terrific opportunity to relocate or expand your business on the North Shore, which is only 2 miles from Swampscott MBTA commuter rail, and 15 miles from Boston.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72441881
Type:
General Commercial
Lot size:
0.11 Acres
Courtesy: William Raveis R.E. & Home Services
View additional info

For the discerning client who wants to be in the heart of history. This rare Commercial-use property in downtown Salem was built 1811 by Charles Bulfinch & is probably the only structure in the city that has survived the reconstruction of the 1800's. Situated in a high pedestrian traffic area bordering the pedestrian mall and PEM, it is accessible to all types of transportation. Ferry to Boston & commuter rail are close. Tourism is exceptional year-round. Multitudes of uses are available under its B-5 zoning allowing opportunities for your business. (See att. document) Very rarely will you find a property like this that could boom your business. Professionals, institutions and private sector should not discount the amazing prestige in renting this historical building. Most types of business fall into the B-5 guidelines. Restaurants, law or finance institutes, schools, museums, and so much more. Maybe a business on one floor and living quarters on second.

Beds:
n/a
Baths:
Sq.Ft.:
2,035
Status:
Active
MLS#:
72432939
Type:
General Commercial
Lot size:
1.64 Acres
Courtesy: The Drumlin Group Inc.
View additional info

This is currently a Dunkin Donuts store built in 2008. The location is the best corner in Salem at Highland Avenue (Route 107) and Marlborough Road with entrances from both roadways. The plaza also contains a CVS Pharmacy and Tri City Sales, a high volume appliance retailer. A large pylon sign is available as well as a sign band. The space is fully built out with two handicap bathrooms. There is ample on site parking. Located opposite Market Basket and Target, this retail location is as good as you get. This is an end cap store. Rent of $27/s.f. is triple net.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72431210
Type:
Office
Lot size:
0.18 Acres
Courtesy: Options Real Estate
View additional info

IDEALLY LOCATED OFFICE BUS SPACE-HIGHLY VISIBLE LOCUS IN VINNIN SQUARE SHOPPING AREA ON SALEM SWAMPSCOTT/MARBLHEAD LINE @ corner of Paradise/Loring. This 2nd floor space has approximately 1,200 plus SF, private bath with separate entry. Suggested uses are Office, Retail, Medical, or other Professional space. Perfect for multiple uses, located on bus line and walk to train. Right hand side, 2nd floor of this well-maintained, stand-alone building having its own door/entrance, walkup 2nd floor (no elevator). This unit is currently composed of 4 rooms/waiting area, smaller room, and a huge room, and own private bath, plus storage in basement. The unit has been recently painted and a new floor to be provided of choosing by tenant. Building can have a sign of choice, and has a shared parking lot out back. Formerly used as an insurance agency for many years, downstairs has a chiropractor and nail salon, can be used for any professional purpose. $1,395 plus utilities-MODIFIED GROSS.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72426768
Type:
General Commercial
Courtesy: Sagan Harborside Sotheby's International Realty
View additional info

Wonderful opportunity to have a distinguished business address in Vinnin Square Salem as part of an existing 1172 s.f. professional office on a sunny ground floor. Leasing 2 PRIVATE offices plus the advantage of sharing common spaces: large book-cased conference room, copy machine area, large open area waiting room, plus adjacent rest rooms. Perfect for START-UP businesses needing a premium location: attorneys, insurance agents, appraisers, accountants, etc. Plenty of parking . Near restaurants, bus line, banks & all that Vinnin Square has to offer. $750.00 month plus utilities.

Beds:
n/a
Baths:
Sq.Ft.:
7,900
Status:
Active
MLS#:
72422799
Type:
General Commercial
Lot size:
0.77 Acres
Courtesy: The Drumlin Group Inc.
View additional info

Lease up to 7,900 sq. ft. in a new mixed-use project being developed on Canal St. in Salem. The five (5) building Planned Urban Development will be known as University Square, and will feature retail and office space, plus 49 apartment units. The landscaped site will include ample adjacent parking. Join existing tenants, Family Dollar, O'Reilly Auto Parts, Honey Dew, Paradise Dental, and others. The site is opposite Crosby's Marketplace and across from a newly renovated McDonald's. University Square is in close proximity to Salem Hospital and the Salem CBD, and a short walk to Salem State University, which has over 9,000 students and faculty members. University Square abuts a newly constructed rail trail, which runs the length of the property. Canal St., which is one of Salem's most active business roadways, was recently upgraded, including new paving, sidewalks and lighting. A proposed future South Salem commuter rail stop may also be located behind the development.

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The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations and warranties as to the accuracy of this information

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