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    218-222 Highland Ave Salem, MA 01970

    For Lease
    Contact for pricing

    Newly renovated warehouse, manufacturing, or production space for lease.

    Property size:
    44,503 SF
    Lot size:
    44,503 SF

    Property Features for 218-222 Highland Ave

    General Information

    Size
    44,503 SF

    Source: Kurtis Gibbs Agent Kurtis Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salem Warehouse/Manufacturing Space Available

    Available for lease is approximately 16,000 square feet of newly renovated warehouse, manufacturing, or production space at 220 Highland Avenue in Salem, MA. The property is located just off Route 107, providing convenient connections to MA Route 128/I-95. The location is less than 30 minutes from Boston Logan International Airport. The warehouse features ceiling heights ranging from 16 to 24 feet. It includes three loading docks and 480V, 1,200 Amp Phase 3 power. The property size is 44,503 square feet.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    TE Andresen, United Van Lines, Advantage Self Storage, Northshore Self Storage, Self-Storage at U-Haul

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9203737
    Latitude
    42.5058462

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    FAQs

    What type of property is this?
    Warehouse - Newly renovated warehouse, manufacturing, or production space for lease.
    Where is this warehouse located?
    The property is located at 218-222 Highland Ave Salem, MA.
    What are key features of this property?
    This property features: - 16,000 SF of newly renovated warehouse, manufacturing, or production space.; - Excellent accessibility to Route 107, I-95/Rt 128.; - Less than 30 minutes to Boston Logan International Airport.
    (978) 335-1179
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218-222 Highland Ave Salem, MA 01970
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