Automotive

Salem, MA Automotive Properties for Sale

Notify Me
List
Map
Peabody, MA Beverly, MA Danvers, MA Marblehead, MA Swampscott, MA Lawrence, MA Lynn, MA Lynnfield, MA
Commercial Sale, Salem, MA
Updated: May 12
Commercial Sale, Salem, MA

296 & 288 Highland Avenue, Salem, MA 01950

$2,795,000
12.25 AC lot
View details
Automotive Facility with Service Bays
Updated: Jul 5
Automotive Facility with Service Bays

296 & 288 Highland Ave, Salem, MA 01970

$2,795,000
5,483 sqft
Approved for auto body use on a high‑traffic retail corridor along Highland Ave
Automotive facility on the primary retail parcel: 4,488 SF with 6 service bays, 4 lifts, and showroom space
Includes manager’s office, parts & stock rooms, customer waiting area, and a security system
Two commercial lots with over 200 ft of frontage on Highland Ave
Second parcel includes a small residential structure on commercially zoned land, offering redevelopment possibilities
View details
Turnkey Auto Detailing Facility
Turnkey Auto Detailing Facility

51 Canal St Rear, Salem, MA 01970

$100,000

Turnkey auto detailing operation offering basic washes through premium detailing, located next to a well-known car wash.

View details
See what stands out in Essex County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Two-Bay Auto Shop
Two-Bay Auto Shop

43 Essex St, Salem, MA 01970

Contact for pricing

Existing automotive business with offices, service space, and expansion area in a corner-lot building.

View details
Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive Sales and Service Facility
Automotive Sales and Service Facility

295 Lynnway, Lynn, MA 01901

Contact for pricing
5,665 sqft 0.51 AC lot

Turnkey auto sales and service facility with showroom, office, and vehicle capacity on a sizable lot.

View details
Auto Shop With Detailing Operations
Auto Shop With Detailing Operations

344 Salem Street, Revere, MA 02151

Contact for pricing
0.41 AC lot

Existing automotive repair and detailing operations occupy a corner parcel with NB zoning.

View details
Three-Unit Retail and Auto Retail
Three-Unit Retail and Auto Retail

391 Essex, Lynn, MA 01902

Contact for pricing

Three fully tenanted buildings include a liquor store, radio and tint shop, and bodega, each with defined accessory space.

View details
Commercial Land With Office
Commercial Land With Office

1070 Broadway, Revere, MA 02151

Contact for pricing

Includes a small one-story office building associated with the existing auto sales use.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Dual Frontage
Commercial Land with Dual Frontage

Atkinson Ave. Ext., Stoughton, MA 02072

$99,000
1.30 AC lot

Commercially zoned land with access along Atkinson Avenue Extension and additional frontage on Washington Street.

View details

Off-Market Properties in Salem, MA

Consider similar Off-Market properties in Salem, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

78 Margin St, Unit 88
AUTO REPAIR, GARAGE

78 Margin St, Salem, MA 01970-3340

Unit 88
$490,000
Estimated value
9,671 sqft 0.38 AC lot
View details
145 Derby St
PARKING LOT

145 Derby St, Salem, MA 01970-5639

$775,000
Estimated value
0.15 AC lot
View details
97 Ocean Ave
AUTO REPAIR, GARAGE

97 Ocean Ave, Salem, MA 01970-4640

$750,000
Estimated value
2,400 sqft 0.22 AC lot
View details
307 Highland Ave
VEHICLE SALES, RENTALS

307 Highland Ave, Salem, MA 01970

$1,005,000
Estimated value
1,305 sqft 0.34 AC lot
View details
125 Ocean Ave
AUTO REPAIR, GARAGE

125 Ocean Ave, Salem, MA 01970

$1,250,000
Estimated value
5,143 sqft 0.65 AC lot
View details
56 Swampscott Rd
AUTO REPAIR, GARAGE

56 Swampscott Rd, Salem, MA 01970

$185,000
Estimated value
750 sqft 1.04 AC lot
View details
25 Boston St
AUTO REPAIR, GARAGE

25 Boston St, Salem, MA 01970-2103

$550,000
Estimated value
2,904 sqft 0.79 AC lot
View details
2 Kimball Rd
PARKING LOT

2 Kimball Rd, Salem, MA 01970

$1,465,000
Estimated value
0.72 AC lot
View details
282 Canal St
AUTO REPAIR, GARAGE

282 Canal St, Salem, MA 01970-4540

$2,040,000
Estimated value
9,653 sqft 0.36 AC lot
View details
21 Leach St, Unit G9
RESIDENTIAL PARKING GARAGE

21 Leach St, Salem, MA 01970-4710

Unit G9
$2,085,000
Estimated value
0.30 AC lot
View details
21 Leach St, Unit G10
RESIDENTIAL PARKING GARAGE

21 Leach St, Salem, MA 01970-4710

Unit G10
$2,085,000
Estimated value
0.30 AC lot
View details
21 Leach St, Unit G11
RESIDENTIAL PARKING GARAGE

21 Leach St, Salem, MA 01970-4710

Unit G11
$2,085,000
Estimated value
0.30 AC lot
View details
21 Leach St, Unit G7
RESIDENTIAL PARKING GARAGE

21 Leach St, Salem, MA 01970-4710

Unit G7
$2,085,000
Estimated value
0.30 AC lot
View details
38 Norman St
PARKING LOT

38 Norman St, Salem, MA 01970-3331

$1,355,000
Estimated value
2,016 sqft 0.32 AC lot
View details
62 Jefferson Ave
AUTO REPAIR, GARAGE

62 Jefferson Ave, Salem, MA 01970-2924

$725,000
Estimated value
3,710 sqft 0.22 AC lot
View details
31st Boston St
AUTO REPAIR, GARAGE

31st Boston St, Salem, MA 01970-2103

$1,005,000
Estimated value
3,865 sqft 0.52 AC lot
View details
119 Webb St
AUTO REPAIR, GARAGE

119 Webb St, Salem, MA 01970-4018

$145,000
Estimated value
1,800 sqft 0.17 AC lot
View details
145 Canal St
GAS STATION

145 Canal St, Salem, MA 01970-4647

$525,000
Estimated value
1,084 sqft 0.20 AC lot
View details
43 Essex St
AUTO REPAIR, GARAGE

43 Essex St, Salem, MA 01970-5256

$255,000
Estimated value
1,512 sqft 0.05 AC lot
View details
46 Tulip St
AUTO REPAIR, GARAGE

46 Tulip St, Salem, MA 01970-4530

$425,000
Estimated value
8,714 sqft 0.39 AC lot
View details

Salem, MA Automotive Properties Market Trends and Statistics

Explore 72 automotive properties for sale in Salem, MA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,483 square feet of properties for sale, with an estimated market value of $5,690,000.

Sale prices for automotive businesses in Salem, MA start at $100,000, averaging $1,896,666, and reaching up to $2,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 6
Car washes 1

Demographics Overview

Population 44K
Population Growth (5Y) +2.2%
Median Household Income $85,189
College Educated 35.2%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Salem - 01970 $1.4M
Newburyport - 01950 $2.8M

Taxes & Financing

Tax Rate (average for all types) 2.11%
Property Tax per SF $33.59 per SF
Tax Rate vs County Average 0.41 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings