New Industrial Flex Space with Freight
373 Highland Ave Salem, MA 01970
373 Highland Ave, Salem, MA, 01970
$15 SF/Yr
For Lease
$15 SF/Yr
COMMERCIAL - Salem, MA
Property Size20,000 SF
Lot Size4.34 Acres
Days on Market321
Property Features for 373 Highland Ave
General Information
- Property type
- Commercial Lease
- Property subtype
- Other
- Zoning
- CI
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- M:07 L:0046,2127135
- Size
- 20,000 SF
- Lot size
- 4.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 80224
Building Details
- Year built
- 2023
Listing agency
Keller Williams Realty
(978) 475-2111
Listed by
Susan Rochwarg
(978) 475-2111
Added: Sep 5, 2025 Updated: Jun 9 at 1:02PM Checked: Jul 22 at 3:06PM
MLS# 73426657
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Investment Insights
Based on property information with market context.
This offering presents approximately 20,000 square feet of new industrial space on the street level of a facility built in 2023. The space is described as clean and includes a freight elevator providing access to lower-level docks. Clear height is listed at 12 feet. Common areas include a kitchen/dining area, ADA restrooms, and an employee locker room. Abundant employee parking is also noted.
The property is located at 373 Highland Ave in Salem, Massachusetts, in Essex County, and is identified as being zoned CI.
The space is best suited to tenants looking for modern industrial/flex use with dock connectivity via freight elevator. The lease is structured as NNN, with the tenant responsible for utilities and proportionate NNN expenses in addition to base rent. A 5-year lease term is preferred, and the landlord will consider leasing additional space. Prospective tenants are encouraged to perform due diligence in all aspects of any contemplated lease.
The property is located at 373 Highland Ave in Salem, Massachusetts, in Essex County, and is identified as being zoned CI.
The space is best suited to tenants looking for modern industrial/flex use with dock connectivity via freight elevator. The lease is structured as NNN, with the tenant responsible for utilities and proportionate NNN expenses in addition to base rent. A 5-year lease term is preferred, and the landlord will consider leasing additional space. Prospective tenants are encouraged to perform due diligence in all aspects of any contemplated lease.
Key Highlights
- 20,000 SF new street‑level industrial space built in 2023
- 12' clear height with clean industrial space and freight elevator to lower‑level docks
- Includes common areas: kitchen/dining, ADA restrooms, and an employee locker room
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Rent Nearby
FAQs
What type of property is this?
Flex space - 2023-built street-level industrial space with freight elevator and 12' clear height, offered on an NNN lease.
Where is this flex space located?
The property is located at 373 Highland Ave Salem, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 20,000 SF new street‑level industrial space built in 2023; 12' clear height with clean industrial space and freight elevator to lower‑level docks; Includes common areas: kitchen/dining, ADA restrooms, and an employee locker room
