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Flex Manufacturing Facility
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1 Technology Way, Salem, MA 01970

Renovated flex property in Salem’s Business Park District with access to Routes 1, 128, and I-95.

Property Size10,000 SF
Lot Size4.07 Acres
Days on Market2

Property Features for 1 Technology Way

General Information

Standard status Active
Size 10,000 SF
Class B
Lot size 4.07 Acres
Property subtype coworking
Zoning BPD

Additional Details

Highway Access Yes

Building Details

Year Built 1996
Year Renovated 2018
Construction reinforced concrete

Properties For Sale

at 1 Technology Way Contact us

Available Space

Floor
1st
Size
10,000-22,000 SF
Type
Industrial
Term
Negotiable
Availability
Immediate
Contact us
Listing Agency: Boston
Listed By: James Lipscomb · License #NH: 065348
Source: Property.jll
Added: Sep 9 Last Checked: Sep 9 at 3:30PM

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 Boston

Investment Insights

Based on property information with market context.

This flex and manufacturing property at 1 Technology Way comprises 84,814 square feet on 4.07 acres. Constructed with reinforced concrete, the building dates to 1996 and underwent renovation in 2018. Its Business Park District zoning supports a range of business uses.

The Salem location provides regional highway access through Route 1, Route 128, and I-95. The property is approximately 13 miles from General Edward Lawrence Logan International Airport and 15 miles from the Port of Boston. Public rail service is available at Swampscott Station on the Newburyport/Rockport Line.

The asset is positioned in the Peabody/Salem submarket within the Boston-Cambridge-Newton metropolitan area, less than 25 minutes from downtown Boston and Logan Airport.

Key Highlights

  • 84,814‑square‑foot building on a 4.07‑acre parcel
  • Built in 1996 and renovated in 2018
  • Reinforced‑concrete construction

Property Analytics

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Current Use

Thermal Circuits Inc Logistics Company

Suggested Use

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

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

301
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Flex space - Renovated flex property in Salem’s Business Park District with access to Routes 1, 128, and I-95.
Where is this flex space located?
The property is located at 1 Technology Way Salem, MA.
What are key features of this property?
This property features: 84,814‑square‑foot building on a 4.07‑acre parcel; Built in 1996 and renovated in 2018; Reinforced‑concrete construction
More about this property
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