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Salem, MA Commercial Land for Sale

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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
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Salem Development Opportunity
Updated: Apr 14
Salem Development Opportunity

64 Ward St, Salem, MA 01970

$1,395,000
Prime development opportunity in Salem.
Concept plans for a 17‑unit multifamily building included.
Potential for increased density under Massachusetts Chapter 40R.
High‑demand rental market location.
Mix of studio, one‑bedroom, and two‑bedroom units proposed.
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BPD Commercial Land
BPD Commercial Land

3 S Mason St, Salem, MA 01970

$1,250,000

BPD-zoned parcel near commuter rail and major routes.

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Commercial Land Parcel with Curb Cuts
Commercial Land Parcel with Curb Cuts

250 Highland Ave, Salem, MA 01970

Contact for pricing
0.60 AC lot

Commercial land parcel with 200 feet of frontage on Highland Avenue and two curb cuts, totaling about 0.60 acres.

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Mixed-Use Development Land Parcels
Mixed-Use Development Land Parcels

266 Canal St, Salem, MA 01970

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3.60 AC lot

Two parcels totaling 3.6 acres at Canal Street offer development potential for retail, apartments, and office use.

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Commercial Land with Retail Pad Potential
Commercial Land with Retail Pad Potential

45 Traders Way, Salem, MA 01970

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Commercial land near Home Depot with potential for retail and office development.

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Corner Commercial Land
Corner Commercial Land

342 Highland Ave, Salem, MA 01970

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Corner positioning along Route 107 places the parcel near established retail and medical destinations.

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Redevelopment Opportunity: Four Lots
Redevelopment Opportunity: Four Lots

483-485 Highland Ave, Salem, MA 01970

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Four lots available for redevelopment, commercial and residential.

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Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 8 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Approved General Business Development Lot
Approved General Business Development Lot

49 Tremont, Peabody, MA 01960

Contact for pricing
0.46 AC lot

Commercial lot with GENERAL BUSINESS approval and permits in hand, offering capacity for a small building footprint.

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Coastal Development Opportunity For Sale
Coastal Development Opportunity For Sale

98 Lynnway, Lynn, MA 01902

$7,000,000

Approved for 80 market-rate units, direct coastal development opportunity.

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Land with Development Potential
Land with Development Potential

4 Wheatland St, Peabody, MA 01960

$569,999

Land with zoning for educational, religious, and daycare facilities.

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Downtown Development Land Opportunity
Downtown Development Land Opportunity

380 Washington St, Lynn, MA 01901

Contact for pricing
0.88 AC lot

0.88-acre downtown Lynn site near the MBTA commuter rail station, in CBD zoning permitting high-rise multifamily with special permits.

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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.

329 Highland Ave
VACANT COMMERCIAL LAND

329 Highland Ave, Salem, MA 01970-1738

$1,050,000
Estimated value
2.43 AC lot
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9 Franklin St
VACANT COMMERCIAL LAND

9 Franklin St, Salem, MA 01970-2503

$1,590,000
Estimated value
0.84 AC lot
View details
342 Highland Ave
VACANT COMMERCIAL LAND

342 Highland Ave, Salem, MA 01970-1743

$850,000
Estimated value
0.93 AC lot
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5 Florence St
VACANT COMMERCIAL LAND

5 Florence St, Salem, MA 01970-4813

$215,000
Estimated value
0.13 AC lot
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373rd Highland Ave
VACANT COMMERCIAL LAND

373rd Highland Ave, Salem, MA 01970-7001

$3,160,000
Estimated value
0.80 AC lot
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101 Jackson St
VACANT COMMERCIAL LAND

101 Jackson St, Salem, MA 01970-3000

$320,000
Estimated value
0.38 AC lot
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1 Swampscott Rd
VACANT COMMERCIAL LAND

1 Swampscott Rd, Salem, MA 01970-1727

$320,000
Estimated value
0.26 AC lot
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10 Cedar Rd
VACANT COMMERCIAL LAND

10 Cedar Rd, Salem, MA 01970-1714

$300,000
Estimated value
0.22 AC lot
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23 Congress St
VACANT COMMERCIAL LAND

23 Congress St, Salem, MA 01970-5125

$695,000
Estimated value
3,830 sqft 0.43 AC lot
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465 Highland Ave
VACANT COMMERCIAL LAND

465 Highland Ave, Salem, MA 01970-1741

$305,000
Estimated value
0.23 AC lot
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401 Jefferson Ave
VACANT COMMERCIAL LAND

401 Jefferson Ave, Salem, MA 01970-4410

$310,000
Estimated value
0.19 AC lot
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469 Highland Ave
VACANT COMMERCIAL LAND

469 Highland Ave, Salem, MA 01970-1741

$345,000
Estimated value
0.46 AC lot
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378-380 Highland Ave
VACANT COMMERCIAL LAND

378-380 Highland Ave, Salem, MA 01970

$345,000
Estimated value
0.41 AC lot
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346 Highland Ave
VACANT COMMERCIAL LAND

346 Highland Ave, Salem, MA 01970-1744

$370,000
Estimated value
0.74 AC lot
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55 Grv St
VACANT COMMERCIAL LAND

55 Grv St, Salem, MA 01970-2248

$310,000
Estimated value
0.38 AC lot
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260 Highland Ave
VACANT COMMERCIAL LAND

260 Highland Ave, Salem, MA 01970-1842

$325,000
Estimated value
0.16 AC lot
View details

Salem, MA Commercial Land Market Trends and Statistics

Explore 35 commercial land for sale in Salem, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 716,562 square feet of properties for sale, with an estimated market value of $5,440,000.

Sale prices for commercial lots in Salem, MA start at $1,250,000, averaging $1,813,333, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 7
Residential land & home lots 5
Industrial land 2

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 $1.3M
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)

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