101 Loring Avenue, Salem, MA 01970

Building Details

Year Built

2003

Listing agent Herman Davis

Listing office Metro North Realty, LLC

Listing date Jun 5, 2026

Source 413realestate

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 Metro North Realty, LLC

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Overview

This stand-alone commercial building is currently operating as a pizza/sub shop and is being offered for sale. The property includes rear parking with capacity for up to six or more cars. Additional space is available in the basement, which features storage along with another bathroom.

The building is located on a high-traffic street and is described as being just minutes from Salem State University, Downtown Salem, and other surrounding businesses, supporting a steady flow of local activity.

For buyers and tenants seeking a restaurant-ready location, the existing operational use may help streamline planning for a food-and-beverage business. The on-site rear parking and basement storage/bathroom add practical support for day-to-day operations, deliveries, and customer convenience. The current tenant business is also for sale, which may be relevant for qualified operators looking at an owner-operator or turn-key path.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Salem

County

Essex

State

Massachusetts

Longitude

-70.8955079

Latitude

42.4996022

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FAQs

What type of property is this?

Conventional restaurant - Stand-alone restaurant building with rear parking and basement storage, minutes from Salem area activity.

Where is this conventional restaurant located?

The property is located at 101 Loring Avenue Salem, MA.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Stand‑alone commercial/restaurant building built in 2003; Current tenant is a pizza/sub shop (tenant business also for sale); Rear parking for up to 6+ cars