Standalone Restaurant
For Sale
$150,000
101 Loring Avenue, Salem, MA 01970
Standalone pizza/sub shop with seating area, rear parking for up to six-plus cars, and basement storage.
Property Size1,800 SF
Price / SF$83.33
Days on Market163
Property Features for 101 Loring Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
6
Property subtype
Commercial
Lease Term
[]
Additional Details
Business Included
Yes
Building Details
Year Built
2025
Listing Agency:
Metro North Realty,LLC
Listed By:
Herman Davis
(781) 797-4028
Source:
Thepropernest
Added: Feb 27
Changed: Aug 8
Last Checked: Aug 8 at 4:37PM
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
Investment Insights
Based on property information with market context.
This standalone single building is set up as a pizza/sub shop and includes a seating area for customers. The sale includes the business along with all equipment and supplies. A basement provides spacious storage, supporting back-of-house operations.
The property is located minutes from Salem State University, Downtown Salem, and other surrounding businesses on a high-traffic street.
For sale as a business opportunity and the building is also available separately, with rear parking offering up to six or more cars.
The property is located minutes from Salem State University, Downtown Salem, and other surrounding businesses on a high-traffic street.
For sale as a business opportunity and the building is also available separately, with rear parking offering up to six or more cars.
Key Highlights
- Standalone pizza/sub shop building built in 2025 with a seating area
- Business sale includes all equipment and supplies
- Rear parking available for up to 6+ cars
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Under-served
Demand for This Use
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Standalone pizza/sub shop with seating area, rear parking for up to six-plus cars, and basement storage.
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 $150,000.
What are key features of this property?
This property features: Standalone pizza/sub shop building built in 2025 with a seating area; Business sale includes all equipment and supplies; Rear parking available for up to 6+ cars
