Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 8,501 sqft

MLS Listing ID 73398786

HOA Y/N false

Year Built 1970

Annual Tax Amount $93,753

Tax Year 2025

Lot Size 3.350 Acres

Acres 3.35

Property Description

Lease rear portion of high exposure property located on Highland Ave. (Rt.107) at First St., in Salem. The site is adjacent to Market Basket and Target and is a mile from Salem Hospital/North Shore Children's Hospital. This section of the building contains 8,501+/- sq. ft. of mostly open, hi-bay, clear-span, space. It is suitable for numerous uses, including retail, wholesale, and fitness. Can potentially be converted to office, medical, educational, and service related businesses as well. There is plenty of on-site parking. Deal structure is triple net (NNN), approximately $6.50 per sq. ft. Available now.

Location

State MA

County Essex

Zoning B2

Direction From Boston Rt. 1A to Rt. 107 in Revere to Sale, (Highland) or Rt.128 to Lowell St. to Highland.

Others

Senior Community false

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Listed by The Drumlin Group Inc.

Nearby School & Business

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Tiffany Jacquier

+1(413) 530-0305

Broker | License ID: 9530613, 0790302

Broker License ID: 9530613, 0790302

207 Highland Ave #B Salem, MA 01970