Salem, MA Commercial Real Estate for Sale

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39 properties

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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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Updated: Jul 10

Attorney Office Building

47 Federal Street, Salem, MA 01970

$579,900

1,787 sqft

1787 Gambrel office building built in 2008, currently used as an attorney at law office
Off‑street parking allows 2–4 car tandem parking
Configured with 4–6 offices plus reception area and a conference room
Includes a law library, 2 half baths, and 2 small kitchen areas
Central air and a high in‑and‑out index for convenient access

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Corner Convenience Store Property

18 Boston, Salem, MA 01970

$1,395,000

1,395 sqft

Existing retail operation offers beer, wine, spirits, and lottery products.

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Renovated Freestanding Office Building

8 Essex Street, Salem, MA 01970

$749,000

1,428 sqft

Owner-occupant office property with private rooms, reception, basement storage, and wheelchair-accessible entry.

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Mixed-Use Building with Restaurant

13 Central Street, Salem, MA 01970

$1,899,000

6,442 sqft

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

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Automotive Facility with Service Bays

296 & 288 Highland Ave, Salem, MA 01970

$2,795,000

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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Flex Manufacturing Facility

1 Technology Way, Salem, MA 01970

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10,000 sqft 4.07 AC lot

Renovated flex property in Salem’s Business Park District with access to Routes 1, 128, and I-95.

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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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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

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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Historic District Restaurant

282 Derby Street, Salem, MA 01970

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1,875 sqft

The second-generation café and restaurant property is located in Salem’s Derby Street Historic District.

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Restaurant Space in Grocery-Anchored Plaza

125 Canal St, Salem, MA 01970

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1,300 sqft

The space is positioned in a shopping center with on-site parking and a shared pylon sign.

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Open-Plan Retail Space

57 Loring Ave, Salem, MA 01970

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44,500 sqft

Flexible commercial space with grade-level access, facade and pylon signage, and ample parking along a busy roadway.

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Convenience Storefront with Basement Storage

30 Boston St, Salem, MA 01970

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1,228 sqft

Commercial storefront with basement storage, street parking, and separately metered gas and electric service.

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Commercial

296 & 288 Highland Avenue, Salem, MA 01950

$2,795,000

4,488 sqft

Auto shops · 4,488 SF

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Hi-Bay Flex Space

207 Highland Ave # B, Salem, MA 01970

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8,501 sqft

Open clear-span space with on-site parking and B2 zoning supports retail, wholesale, fitness, and other commercial uses.

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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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Two-Level Flex Space

165 Boston St, Salem, MA 01970

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2,500 sqft

B2-zoned space combines office rooms with a heated, air-conditioned former garage.

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Standalone Flex Space with Loading Door

16 Commercial St, Salem, MA 01970

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1,600 sqft

Freestanding commercial space with a reception area, two interior rooms, half bath, and vehicle-accessible loading setup.

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Mixed-Use Development Land Parcels

266 Canal St, Salem, MA 01970

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1,250 sqft 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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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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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

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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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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Salem, MA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, MA, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 569,816 square feet of properties for sale, with an estimated market value of $20,266,900.

Sale prices for business properties in Salem, MA start at $80,000, averaging $1,447,635, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Salem, MA CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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
Salem - 01970	$458.4K
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)

Property Size Breakdown

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

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