280 Bridge St Salem, MA 01970

This exceptional commercial property at 280 Bridge Street in Salem, MA, presents a unique investment opportunity. Situated on a 0.06-acre lot, the 1,100+ square foot building enjoys a coveted location with high pedestrian and vehicular traffic counts, just steps from the Salem T. Previously operating as a Bait & Tackle shop, the property is in need of updating, offering a blank canvas for a wide range of businesses. The NRCC (North River Canal Corridor Neighborhood Mixed Use) zoning allows for diverse uses, including artist lofts and living spaces, studios, galleries, business and professional offices (law firms, accounting practices, etc.), medical/dental offices, and various retail options such as convenience stores, coffee shops, tourist attractions, gift shops, florists, barber shops/salons, banks, laundromats, and liquor stores. With a special permit, the possibilities expand further to include music and recording studios, dance studios, light manufacturing, breweries/distilleries/wineries with tasting rooms, hotels or inns, social clubs, lodges, restaurants, and bars. The seller is open to exploring various business concepts and lease arrangements, demonstrating flexibility in negotiations. Given the significant development planned for the immediate area, this property represents a compelling investment with substantial future potential. The asking price is $2,900. Small parking lot included.