For Lease
$66/SF/YR

280 Bridge St Salem, MA 01970

Freestanding Commercial Space, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1,106 square foot freestanding commercial building presents a unique investment opportunity near the Salem Train Station. Boasting a prime location with high pedestrian and vehicular traffic, this single-tenant property offers significant potential for a variety of uses. Previously occupied as a bait and tackle shop, the building sits on a 0.7-acre lot and requires complete renovation. The North River Canal Corridor (NRCC) zoning allows for a wide range of permitted uses, including artist lofts, studios, galleries, trade schools, various professional offices (legal, accounting, medical, dental), single-family homes, and a variety of retail options such as convenience stores, coffee shops, and more. Uses requiring special permits include music studios, light manufacturing, breweries/distilleries/wineries with tasting rooms, hotels/inns, and restaurants/bars. The seller is open to discussing various lease arrangements or a sale, making this an adaptable property for diverse business ventures. With substantial planned development in the immediate area, this property offers a chance to capitalize on significant future growth. The small on-site parking lot adds convenience. Don't miss this chance to own a piece of Salem's vibrant commercial landscape.

Highlights

  • Freestanding storefront building totaling 1,106 square feet.
  • Single-tenant occupancy.
  • Located adjacent to the Salem Train station with high pedestrian and vehicular traffic.
  • Zoned North River Canal Corridor (NRCC), allowing for diverse uses including retail, office, and residential.
  • Needs full renovation.

Property Details for 280 Bridge St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
1,106 SF

Unit(s) available at that property

Space
Size
1,106 SF
Rate per SF
$66

Location Insight

City
Salem
County
Essex
State
Massachusetts
Latitude
42.5239684
Longitude
-70.8993236

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FAQs

What type of property is this?
Retail property - Freestanding Commercial Space, High Traffic
Where is the retail property located?
The property is located at 280 Bridge St Salem, MA.
What is the lease rate?
The lease rate is $66/SF/YR.
What are key features of this property?
This property features: Freestanding storefront building totaling 1,106 square feet.; Single-tenant occupancy.; Located adjacent to the Salem Train station with high pedestrian and vehicular traffic.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

David Cutler
David Cutler

Learn more

Useful Information

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Bridge St
Salem, MA 01970

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Bridge St
Salem, MA 01970

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Disclaimer

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.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

280 Bridge St
  • David Cutler
    David Cutler
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