This exceptional 1,106-square-foot freestanding commercial building is ideally situated in Salem, Massachusetts, just steps from the Salem train station. Boasting a high pedestrian and traffic count, this property presents a unique investment opportunity for owner-users. Currently zoned North River Canal Corridor (NRCC), the building offers versatile usage potential. Previously operating as a bait and tackle shop, the space requires complete renovation, allowing for a fresh start and customized design. The 0.07-acre lot includes a small parking area. The asking price is $390,000, translating to $352.62 per square foot. The property's zoning permits a wide range of uses, including, but not limited to: artist lofts, studios, galleries, trade schools, business and professional offices, medical/dental offices, single-family homes, and various retail options such as convenience stores, coffee shops, and more. Certain uses, such as restaurants, bars, and breweries, may require special permits. With significant development planned for the immediate area, this property offers a chance to be part of Salem's exciting growth. The seller is open to discussing various business ideas and lease arrangements. This is a rare opportunity to acquire a prime commercial property in a thriving Massachusetts location.
Highlights
1,106 SF freestanding commercial building in Salem, MA, steps from the train station.
High pedestrian/traffic count, ideal for owner-users.
0.07-acre lot with small parking area; $390,000 asking price ($352.62/SF).
Needs complete renovation; zoned NRCC, allowing diverse uses (retail, office, residential, etc., some uses may require special permits).
Excellent investment opportunity in a rapidly developing area; seller open to lease options and business discussions.
Property Details
for 280 Bridge St
Property type
Retail properties, Restaurants
Square Feet
1,106 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
3,049 SF
Units
1
Location Insight
City
Salem
County
Essex
State
Massachusetts
Latitude
42.5239684
Longitude
-70.8993236
280 Bridge St, Salem, Massachusetts
Nearby Similar for Sale
For SaleCall for price
Salem Retail Space: Prime Downtown Location
New construction, 2,890 sq ft, ideal for restaurant or daycare.
Retail property - Prime Salem location, 1,106 sq ft, high traffic.
Where is the retail property located?
The property is located at 280 Bridge St Salem, MA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1,106 SF freestanding commercial building in Salem, MA, steps from the train station.; High pedestrian/traffic count, ideal for owner-users.; 0.07-acre lot with small parking area; $390,000 asking price ($352.62/SF).
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Contacts
David Cutler
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Useful Information
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Bridge St Salem, MA 01970
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Bridge St Salem, MA 01970
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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280 Bridge St
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