Single-Tenant Retail Restaurant
For Lease
$33 SF/Yr
Pending
100-102 Boston St, Salem, MA 01970
NNN single-tenant retail/restaurant building with lit marquee signage, two curb cuts, and options for existing equipment.
Space SizeContact for details
Property Size2,342 SF
Lot Size0.39 Acres
Days on Market144
Property Features for 100-102 Boston St
General Information
Standard status
Pending
Size
2,342 SF
Lot size
0.39 Acres
Zoning
B2
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Commercial Hood
Yes
Taxes and HOA fees
Annual Taxes
$16,031
Building Details
Building Size
2,342 SF
Year Built
1951
Tenancy
Single
Listing Agency:
The Mega Group
Listed By:
Brian DApice · License #9538300
(978) 762-9771
Source:
413realestate
Added: Apr 14
Changed: Aug 27
Last Checked: Sep 4 at 2:45AM
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 Mega Group
Investment Insights
Based on property information with market context.
Available on an NNN basis, this single-tenant retail/restaurant location includes a 2,342 +/- square foot commercial building on 16,788 +/- square feet of land. The site features two curb cuts and two-way lit marquee signage. Natural gas and electric are on-site.
The building can be delivered as-is in restaurant condition with more than $150,000 of equipment already in place, described as brand new, including a 14-foot custom fabricated hood system. An FF&E market valuation quote is available upon request. Alternative options include a retail setup with FF&E removed at the landlord’s expense, or redevelopment opportunities that may include a drive-thru (subject to permitting) or, with extensive permitting, a hybrid commercial and residential concept taking advantage of multiple zoning districts.
The property is positioned at 100-102 Boston Street in Salem, Massachusetts.
The building can be delivered as-is in restaurant condition with more than $150,000 of equipment already in place, described as brand new, including a 14-foot custom fabricated hood system. An FF&E market valuation quote is available upon request. Alternative options include a retail setup with FF&E removed at the landlord’s expense, or redevelopment opportunities that may include a drive-thru (subject to permitting) or, with extensive permitting, a hybrid commercial and residential concept taking advantage of multiple zoning districts.
The property is positioned at 100-102 Boston Street in Salem, Massachusetts.
Key Highlights
- 2,342 +/- SF single‑tenant commercial building built in 1951, available on an NNN basis
- Located at 100–102 Boston Street, Salem, MA with two curb cuts
- Two‑way lit marquee signage and 16,788 +/- SF land area
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Shops & Services 32%
Dining 11%
Stop & Shop
Groceries
34,557 visits/mo
0.4 miles
Stop & Shop Gas
Shops & Services
9,428 visits/mo
0.4 miles
Shell
Shops & Services
8,999 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,770 visits/mo
0.1 miles
Public Storage
Shops & Services
946 visits/mo
0.1 miles
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
$28.5 /SF/Yr
Avg Asking Price
$26–$33 /SF/Yr
Price Range
4,360 SF
Avg Space Size
This space is priced 16% above the average of $28.5 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Copa Cabana Steakhouse Inc. — 150 Main St, Peabody, MA 01960
Frequently Asked Questions
What type of property is this?
Conventional restaurant - NNN single-tenant retail/restaurant building with lit marquee signage, two curb cuts, and options for existing equipment.
Where is this conventional restaurant located?
The property is located at 100-102 Boston St Salem, MA.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: 2,342 +/- SF single‑tenant commercial building built in 1951, available on an NNN basis; Located at 100–102 Boston Street, Salem, MA with two curb cuts; Two‑way lit marquee signage and 16,788 +/- SF land area
