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    187 Main St Salem, NH 03079

    New
    For Sale
    $589,000

    Commercial For Sale - Salem, NH

    Lot size:
    0.21 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 187 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1911
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Realty Evolution

    Listing agent Elizabeth Smith (978) 927-8700

    Listing date Dec 12, 2025

    MLS# 5071956 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Salem, NH

    This mixed-use property is located on Main Street in Salem, New Hampshire. The property features a street-level commercial space suitable for a professional office, along with an upstairs apartment for additional income. The location provides visibility and accessibility to Route 28 and I-93. Rear off-street parking is available. The property is situated in a location that benefits from tax-free shopping, dining, and retail options, and proximity to the Massachusetts border. The lot size is 0.21 acres. The zoning is B1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Granite State Mortgage ... Mortgage Lender Granite State Mortgage ... Mortgage Lender

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2195312
    Latitude
    42.7834762

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and apartment in Salem.
    Where is this mixed-use property located?
    The property is located at 187 Main St Salem, NH.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: - Mixed-use property featuring commercial space and an apartment, perfect for income generation.; - Prime Main Street location, the gateway to Salem, NH.; - Strong visibility and easy access to Route 28 and I-93.
    (978) 927-8700
    Request Owner's contact information
    187 Main St Salem, NH 03079
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    Salem, NH 03079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    187 Main St Salem, NH 03079
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