Freestanding Storefront with
New
For Lease
$2,500/Mo NNN
101 Loring Avenue, Salem, MA 01970
Rear off-street parking, a restroom, and basement storage serve a commercial space suited to office or retail use.
Space SizeContact for details
Days on Market5
Property Features for 101 Loring Avenue
General Information
Standard status
Active
Property subtype
COMMERCIAL
Lease Type
NNN
Space & Availability
Space Use
Office
Sublease
No
Lease Terms
Lease Rate
$2,500 /USD/MO
Monthly Rent
$2,500
Taxes and HOA fees
Annual Taxes
$6,249
Amenities
Off-Street Parking
Bathroom
Basement for Storage
Building Details
Year Built
2003
Listing Agency:
Metro North Realty, LLC
Listed By:
Herman Davis
(781) 350-4366
Source:
Donnellyandco
Added: Oct 16
Changed: Oct 20
Last Checked: Oct 19 at 9:01AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial storefront in Salem dates to 2003 and is offered for lease on a triple-net basis. The property includes a restroom and basement storage; the basement is part of the reported interior area. Previous use was as a pizza and sandwich shop, and office, retail, or other creative uses are identified as possibilities.
At 101 Loring Avenue, the property is described as being minutes from Salem State University and downtown Salem, with other businesses nearby. The site is on a high-traffic street and has off-street parking behind the building.
At 101 Loring Avenue, the property is described as being minutes from Salem State University and downtown Salem, with other businesses nearby. The site is on a high-traffic street and has off-street parking behind the building.
Key Highlights
- Freestanding commercial storefront built in 2003
- Off‑street parking is located behind the building
- Basement provides storage and is included in the reported interior area
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Flowers by Darlene/North Shore Fruit Baskets — 26 hersey st, salem, ma 01970
Frequently Asked Questions
What type of property is this?
Storefront property - Rear off-street parking, a restroom, and basement storage serve a commercial space suited to office or retail use.
Where is this storefront property located?
The property is located at 101 Loring Avenue Salem, MA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Freestanding commercial storefront built in 2003; Off‑street parking is located behind the building; Basement provides storage and is included in the reported interior area
