Salem, MA Commercial Real Estate for Sale

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Retail Building Near Salem T
Updated: Apr 25
Retail Building Near Salem T

280 Bridge St, Salem, MA 01970

$299,000
1,100 sqft
High‑traffic location steps from the Salem T, offering excellent visibility and accessibility.
Versatile NRCC zoning allows for a wide range of uses by right, including residential, retail, and office spaces.
Ready for build‑out with new subfloors, providing a blank canvas for customization.
Significant development planned for the immediate area, promising future growth and increased property value.
Potential for various businesses such as retail, office, or even residential conversion.
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280 Bridge St, Salem, MA 01970

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Heavy Civil Contractor Facility
Updated: Jul 10
Heavy Civil Contractor Facility

57-RR Grove St, Salem, MA 01970

$1,800,000
4,784 sqft
4,784 sq ft commercial building with 50‑foot‑deep bays, five bay doors, and 12‑foot ceiling height for heavy equipment use
19,378 sq ft main parcel plus an additional 4,996 sq ft lot for equipment storage, vehicle parking, and future expansion
Fully operational heavy civil construction company included (K&B Excavating, a division of Brennan Construction, Inc.)
Over 40 years of continuous operation specializing in excavation, demolition, utility installation, roadwork, and building pad preparation
Includes snow and ice management services for public and private sector clients
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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

13 Central Street, Salem, MA 01970

$2,290,000
6,442 sqft

Three-story mixed-use building with a ground-floor restaurant and residential apartments above.

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Warehouse with 50-Foot-Deep Bays
Warehouse with 50-Foot-Deep Bays

57-rr Grove Street, Salem, MA 01970

$1,800,000
4,784 sqft 0.56 AC lot

Heavy civil contractor facility with a 4,784 sq ft warehouse, bay doors, and additional NRCC-zoned land for storage.

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Furnished Restaurant with Wraparound Bar
Furnished Restaurant with Wraparound Bar

221 Washington St, Salem, MA 01970

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7,026 sqft

Fully built-out dining property with commercial kitchen, outdoor patio, and flexible private-function space.

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Automotive Facility with Service Bays
Automotive Facility with Service Bays

296 & 288 Highland Ave, Salem, MA 01970

$2,995,000
5,483 sqft

Approved for auto body use, this automotive facility features six service bays, lifts, and showroom space on high-traffic frontage.

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High-Ceiling Retail Storefront
High-Ceiling Retail Storefront

50 Grove St, Salem, MA 01970

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5,500 sqft

First-floor retail space with high ceilings, abundant natural light, shared restrooms, and private sink.

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Industrial Building with Redevelopment Potential
Industrial Building with Redevelopment Potential

1 S Mason Street, Salem, MA 01970

$635,000
2,160 sqft

One-story industrial building in active commercial area with redevelopment potential.

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Ground Floor Medical Office Space
Ground Floor Medical Office Space

63-1/2 Jefferson Ave Unit 105, Salem, MA 01970

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2,000 sqft

Ground floor suite offers a private office layout with reception, conference room, kitchenette, two restrooms, and central HVAC.

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Salem Office Building For Sale
Salem Office Building For Sale

265 Essex St, Salem, MA 01970

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14,176 sqft

Prominent 14,176 RSF Class B office building in downtown Salem.

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Auto Body Facility Redevelopment Opportunity
Auto Body Facility Redevelopment Opportunity

296 Highland Ave, Salem, MA 01970

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4,488 sqft

Approved for auto body use and includes an automotive facility with six service bays plus additional redevelopment land.

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Waterfront Office Campus
Waterfront Office Campus

47 Congress St, Salem, MA 01970

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100,000 sqft 29.00 AC lot

Waterfront business center offering modern office space and ocean-side views across a 29-acre campus.

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Single-Tenant Retail Restaurant with Marquee
Single-Tenant Retail Restaurant with Marquee

100-102 Boston St, Salem, MA 01970

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2,342 sqft 0.39 AC lot

Single-tenant building on an NNN basis with two curb cuts and two-way lit marquee signage, featuring existing restaurant equipment.

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Salem Office Space Available
Salem Office Space Available

35 Congress Street, Salem, MA 01970

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384,000 sqft

Office space for sale in Salem, Massachusetts, available immediately.

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Industrial Building in Active Commercial Area
Industrial Building in Active Commercial Area

1 S Mason St, Salem, MA 01970

$595,000

One-story industrial building suitable for light industrial or maker space.

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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.

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Commercial
Commercial

296 & 288 Highland Avenue, Salem, MA 01950

$2,795,000

Auto shops

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Salem Development Opportunity
Salem Development Opportunity

64 Ward St, Salem, MA 01970

$1,395,000

Development opportunity in Salem with multifamily concept plans.

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Walk-Up Creative Office Suite
Walk-Up Creative Office Suite

262 Essex St # 3, Salem, MA 01970

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2,363 sqft

Third-floor suite with skylights, exposed brick, and a mezzanine layout near commuter rail and downtown amenities.

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Flex Space with Loading Dock Access
Flex Space with Loading Dock Access

71 Loring Ave # 100, Salem, MA 01970

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8,000 sqft

Flex unit with open layout, private offices, and enclosed shipping/receiving off a shared loading dock.

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Landmark Mixed-Use Building For Sale
Landmark Mixed-Use Building For Sale

112 North St, Salem, MA 01970

$699,000
0.05 AC lot

Fully leased investment property near downtown and train station.

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Salem Commercial Building Near Transit
Salem Commercial Building Near Transit

280 Bridge St, Salem, MA 01970

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1,106 sqft

Freestanding commercial building near Salem T with development potential.

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Salem Retail/Office Building For Sale
Salem Retail/Office Building For Sale

280 Bridge St, Salem, MA 01970

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1,100 sqft

Commercial/retail building near Salem T. Development planned for area.

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Freestanding Flex Space with Ample Parking
Freestanding Flex Space with Ample Parking

1 Dipietro Ave, Salem, MA 01970

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Freestanding flex property with outdoor grounds, ample parking, and B2 zoning supporting a variety of commercial uses.

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Salem, MA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, MA, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 606,432 square feet of properties for sale, with an estimated market value of $16,401,000.

Sale prices for business properties in Salem, MA start at $99,000, averaging $1,261,615, and reaching up to $2,995,000 — 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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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
01970 $631.1K

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)

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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