For Sale
$750,000

203 Lafayette Rd Salisbury, MA 01952

High-Visibility, 5,268 SF Mixed-Use Building

Overview

Added:
Feb 3
Days on market:
78
This exceptional 5,268 square foot mixed-use property, located at 203 Lafayette Road in Salisbury, MA, presents a unique investment opportunity. Situated on a 0.78-acre lot with high visibility on Route 1 (Lafayette Road), this building boasts a strategic location with a daily traffic count of 8,490 vehicles. The property's versatile layout includes a blend of retail, office, and residential spaces, making it ideal for an owner-occupant or investor seeking rental income potential. Ample paved parking is currently available, with additional land providing room for expansion. The building's infrastructure is robust, featuring four gas meters, four electrical meters, and two 10' x 10' garage bay doors, catering to diverse business needs. Two pylon sign posts on Route 1 offer excellent advertising potential. Conveniently, town sewer is available for connection at the street. This property offers a compelling combination of existing infrastructure, flexible space, and high visibility, making it an attractive proposition for a variety of uses. The property's location on a major thoroughfare, coupled with its versatile design, ensures strong potential for both immediate and long-term returns. The combination of retail, office, and residential spaces allows for a diverse range of income streams and operational flexibility.

Property Details for 203 Lafayette Rd

Property type
Commercial real estate
Year Built
1935
Lot Size (sq. ft)
33,977 SF

Location Insight

City
Salisbury
County
Essex
State
Massachusetts
Latitude
42.86694
Longitude
-70.87218

FAQs

What type of property is this?
Commercial real estate - High-Visibility, 5,268 SF Mixed-Use Building
Where is the commercial real estate located?
The property is located at 203 Lafayette Rd Salisbury, MA.
What is the asking price?
The asking price for this property is $750,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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203 Lafayette Rd
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