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Freestanding Flex Space
New
For Lease
$7,500/Mo

1 Dipietro Ave, Salem, MA 01970

Freestanding commercial space with outdoor grounds and parking for vehicles and equipment.

Space SizeContact for details
Days on Market6

Property Features for 1 Dipietro Ave

General Information

Standard status Active
Zoning B2

Taxes and HOA fees

Annual Taxes $6,250

Building Details

Year Built 1964
Listing Agency: Cornerlot
Listed By: Richard Newburg
Source: Liongatere
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 29 at 10:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cornerlot

Investment Insights

Based on property information with market context.

This freestanding flex space provides 2,500+ SF of usable commercial area, along with outdoor grounds and parking suitable for vehicles and equipment. The property was built in 1964 and is zoned B2, with permitted-use details available for review.

Located at 1 Dipietro Ave in Salem, Massachusetts, the property sits just off Highland Ave within a retail corridor. The space is available for lease and offers a combination of enclosed area, exterior grounds, and on-site parking for commercial operations requiring more than interior workspace alone.

Key Highlights

  • 2,500+ SF of usable commercial space
  • Freestanding property with outdoor grounds
  • Ample parking for vehicles and equipment

Property Analytics

Current Use

W & H Equipment ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01970, MA

44,451
Population
20,920
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
92%
High-School Grad
8.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$85,189
Median Household Income
$52,024
Median Earnings
$1,800
Median Rent
$497,500
Median Home Value

Market

Lease Benchmarks for Salem, MA

$17.01 /SF/Yr
Avg Asking Price
$12.78–$36 /SF/Yr
Price Range
10,235 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Freestanding commercial space with outdoor grounds and parking for vehicles and equipment.
Where is this flex space located?
The property is located at 1 Dipietro Ave Salem, MA.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: 2,500+ SF of usable commercial space; Freestanding property with outdoor grounds; Ample parking for vehicles and equipment
More about this property
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