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    939 Salem St, Unit 5 Groveland, MA 01834

    Sponsored
    For Lease
    $20 SF/Yr

    COMMERCIAL - Groveland, MA

    Days on Market:
    184
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 939 Salem St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B
    APN
    490015,4344010

    Building Details

    Year built
    2001

    Keller Williams Realty Evolution [email protected]

    Listing agent Keller Williams Realty Evolution

    Listing date Jul 6, 2025

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

    Overview

    Groveland Commercial Condo For Lease

    Located on Route 97 in Groveland, this commercial condominium is available for lease. The property, situated at 939 Salem St, Unit 5, offers approximately 951 square feet of open-concept first-floor space, complemented by an additional approximately 650 square feet of attic storage. The unit is suitable for either a retail storefront or a professional office. Features include a private restroom, central heating and air conditioning, and on-site parking. The property is part of a 9-unit plaza with a self-managed association. The property is zoned B.
    Location Intelligence

    Current Use by Public Records

    Artisan Floor Covering Flooring Store Dr. Laura Anne ... Optometrist Law Office of Martin ... Attorney Fens Associates Furniture Store Sparkle Gear Embroidery Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Groveland
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.01321
    Latitude
    42.734373

    Nearby Similar for Lease

    • $9 SF/Yr
      3,326 SF

      Retail/Flex Space on Salem Street

      3,326 SF retail/flex space with frontage on RTE 97.
      939/941 Salem St, Groveland, MA 01834
      View Details

    FAQs

    What type of property is this?
    Office space - Versatile commercial condo on Route 97, Groveland, MA.
    Where is this office space located?
    The property is located at 939 Salem St, Unit 5 Groveland, MA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Route 97 in Groveland.; - Approximately 951 SF of open-concept first-floor space.; - Additional ~650 SF of attic storage.
    (978) 927-8700
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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
    939 Salem St, Unit 5 Groveland, MA 01834
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