Industrial Building in Active Commercial
For Sale
$635,000
1 S Mason St, Salem, MA 01970
One-story industrial building suitable for light industrial or maker space.
Days on Market97
Property Features for 1 S Mason St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
The Drumlin Group Inc.
(617) 633-6719
Listed By:
David Hark
(617) 633-6719
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 29 at 1:16PM
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 The Drumlin Group Inc.
Investment Insights
Based on property information with market context.
This one-story steel-framed industrial building features three drive-in doors. Situated in an active commercial area, the property is located within a district undergoing redevelopment with planned new construction projects, including both residential and commercial developments. The building's interior is largely open, free of columns. While the building requires renovations, it is suitable for various light industrial or "maker space" uses. Automotive service is not permitted in this North River Corridor zoning district. The zoning also allows for a number of other uses including residential and combined residential and commercial uses either "by right" or by "special permit".
Key Highlights
- Located in an active redevelopment area with planned residential and commercial projects
- Flexible zoning allows for a variety of uses by right or special permit
- Wide‑open interior space with no columns
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,233
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Ken Rothwell's Custom Catering — 7 Franklin St # 6, Salem, MA 01970
- Country Club Caterers — Salem, MA 01970
- Hawthorne Catering Co — 18 Washington Square, Salem, MA 01970
- Salem Gnu Kitchen — 62 Wharf St, Salem, MA 01970
Frequently Asked Questions
What type of property is this?
Flex space - One-story industrial building suitable for light industrial or maker space.
Where is this flex space located?
The property is located at 1 S Mason St Salem, MA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Located in an active redevelopment area with planned residential and commercial projects; Flexible zoning allows for a variety of uses by right or special permit; Wide‑open interior space with no columns
