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Office Condominium Suite
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Pending

11 Derby Square, Salem, MA 01970

Office condominium suite formerly used as a dental practice, with equipment removal available by negotiation.

Days on Market112

Property Features for 11 Derby Square

General Information

Standard status Pending
Property subtype Office
Listing Agency: Waldman and Associates
Listed By: Dan waldman · License #MA REB.0017113
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Aug 1 at 5:55AM

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 Waldman and Associates

Investment Insights

Based on property information with market context.

This office condominium suite was previously operated as a dental practice. The dentist will remove the equipment or leave it in place, subject to a negotiated price.

11 Derby Square is located in the middle of historic Salem, MA, within an area that includes other professional offices as well as shops and restaurants.

As a condo-style office unit, the space is suited for an office-based use, with the prior buildout and dental equipment either removable or retained based on the negotiated arrangement.

Key Highlights

  • Office condominium suite formerly used as a dental practice.
  • Dental equipment removal available by negotiation; dentist will remove equipment or leave it at a negotiated price.
  • Located in the middle of historic Salem, MA.

Property Analytics

Current Use

Derby Square Architects ... Architecture Firm Sadoski Donald a DDS Dental Office OBLSK LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Nursing Home Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,060
Businesses Nearby
Under-served
Demand for This Use

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Four Paws Acupuncture — 6 Lemon St Ct, Salem, MA 01970
  • All Creatures Veterinary Hospital — 20 Commercial St, Salem, MA 01970
  • Feline Hospital — 81 Webb St, Salem, MA 01970

Frequently Asked Questions

What type of property is this?
Medical Office Space - Office condominium suite formerly used as a dental practice, with equipment removal available by negotiation.
Where is this medical office space located?
The property is located at 11 Derby Square Salem, MA.
What are key features of this property?
This property features: Office condominium suite formerly used as a dental practice.; Dental equipment removal available by negotiation; dentist will remove equipment or leave it at a negotiated price.; Located in the middle of historic Salem, MA.
More about this property
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