Downtown Office Building with
For Lease
$17 SF/Yr
10 Federal St, Salem, MA 01970
Flexible office suites with extensive window lines, handicap access, and on-site parking in downtown Salem.
Space SizeContact for details
Property Size16,000 SF
Days on Market3070
Property Features for 10 Federal St
General Information
Standard status
Active
Size
16,000 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$164,991
Building Details
Building Size
16,000 SF
Year Built
1956
Listing Agency:
The Drumlin Group Inc.
(978) 741-3696
Listed By:
Mark Shapiro
Source:
Donnellyandco
Added: Apr 5, 2018
Changed: Aug 28
Last Checked: Aug 29 at 4:23PM
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.
Available for lease are office spaces within a handicap-accessible downtown Salem office building featuring elevators on both ends and extensive window lines. Flexible floor plans support a range of office configurations, including general office/administration, medical, and executive suites with shared amenities.
The property offers on-site parking with the number of spaces calculated by leased area. New common men’s and women’s restrooms are located on the 3rd floor, and the building is served by elevator access.
Base rent includes all utilities, CAM, and building insurance. Tenant responsibilities include communications, internet, and office cleaning.
The property offers on-site parking with the number of spaces calculated by leased area. New common men’s and women’s restrooms are located on the 3rd floor, and the building is served by elevator access.
Base rent includes all utilities, CAM, and building insurance. Tenant responsibilities include communications, internet, and office cleaning.
Key Highlights
- 1956‑built downtown Salem office building offering 3,000–11,000 SF of flexible office space for lease
- Handicap accessible with elevators on both ends and extensive window lines for bright interior space
- On‑site parking with number of spaces calculated by leased area
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,539
Businesses Nearby
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office suites with extensive window lines, handicap access, and on-site parking in downtown Salem.
Where is this office building located?
The property is located at 10 Federal St Salem, MA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1956‑built downtown Salem office building offering 3,000–11,000 SF of flexible office space for lease; Handicap accessible with elevators on both ends and extensive window lines for bright interior space; On‑site parking with number of spaces calculated by leased area
