Single-Tenant Retail Restaurant with
For Sale
Contact for pricing
Pending
100-102 Boston St, Salem, MA 01970
Single-tenant building on an NNN basis with two curb cuts and two-way lit marquee signage, featuring existing restaurant equipment.
Property Size2,342 SF
Lot Size0.39 Acres
Days on Market155
Property Features for 100-102 Boston St
General Information
Standard status
Pending
Size
2,342 SF
Lot size
0.39 Acres
Property subtype
Commercial
Lease Type
NNN
Lease Term
Existing Lease Type: NNN
Additional Details
Utilities to Site
Yes
Commercial Hood
Yes
Building Details
Building Size
2,342 SF
Year Built
1951
Tenancy
Single
Listing Agency:
The Mega Group
(978) 762-9771
Listed By:
Brian DApice · License #9538300
(978) 922-6400
Source:
Iverty
Added: Apr 13
Changed: Sep 13
Last Checked: Sep 14 at 8:51AM
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 property includes a 2,342 +/- square foot commercial building on 16,788 +/- square feet of land. The site features two (2) curb cuts and two-way lit marquee signage.
The building is described as having natural gas and electric on-site. Offered options include an as-is restaurant with brand-new condition equipment already in place, including a 14-foot custom fabricated hood system, with an FF&E market valuation quote available upon request. The landlord also notes alternatives ranging from a retail conversion with FF&E removed at the landlord’s expense to a commercial redevelopment concept that may require permitting to add a drive-through.
The listing further discusses the possibility of a hybrid commercial and residential redevelopment approach, referencing multiple zoning districts and extensive permitting requirements.
The building is described as having natural gas and electric on-site. Offered options include an as-is restaurant with brand-new condition equipment already in place, including a 14-foot custom fabricated hood system, with an FF&E market valuation quote available upon request. The landlord also notes alternatives ranging from a retail conversion with FF&E removed at the landlord’s expense to a commercial redevelopment concept that may require permitting to add a drive-through.
The listing further discusses the possibility of a hybrid commercial and residential redevelopment approach, referencing multiple zoning districts and extensive permitting requirements.
Key Highlights
- 2,342 +/- SF single‑tenant commercial building available on an NNN basis at 100‑102 Boston Street, Salem, MA
- 16,788 +/- SF lot with two curb cuts for access
- Two‑way lit marquee signage on the property
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Utilities to site
Yes
Commercial hood
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
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant building on an NNN basis with two curb cuts and two-way lit marquee signage, featuring existing restaurant equipment.
Where is this conventional restaurant located?
The property is located at 100-102 Boston St Salem, MA.
What are key features of this property?
This property features: 2,342 +/- SF single‑tenant commercial building available on an NNN basis at 100‑102 Boston Street, Salem, MA; 16,788 +/- SF lot with two curb cuts for access; Two‑way lit marquee signage on the property
