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    224 North Broadway Salem, NH 03079

    For Lease
    $1,400 /Mo ($24 SF/Yr)

    700 SF retail space with utilities included in rent.

    Property size:
    700 SF
    Lot size:
    3.01 Acres

    Property Features for 224 North Broadway

    General Information

    Size
    700 SF
    Lot size
    3.01 Acres

    Source: Berkshire Hathaway HomeServices Verani Realty Commercial Division Agent David Morin

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

    Overview

    Retail Space in North Broadway

    This is a 700 square foot retail space located in a busy North Broadway Plaza. The space offers good signage and visibility. All utilities are included in the base rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tailor-Made Audio & Video Electronics Store Tina Tran Nail ... Nail Salon Border Brewery and Barbecue ... Brewery JOY Wellness: Yoga ... Yoga Studio JOY Wellness / Journey ... Yoga Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.235732
    Latitude
    42.792103

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    FAQs

    What type of property is this?
    Retail space - 700 SF retail space with utilities included in rent.
    Where is this retail space located?
    The property is located at 224 North Broadway Salem, NH.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location in a busy North Broadway Plaza; - Open retail space; - Good signage
    (603) 930-3192
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    224 North Broadway Salem, NH 03079
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    Salem, NH 03079
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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
    224 North Broadway Salem, NH 03079
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