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    284 North Broadway Rte, Unit 28 Salem, NH

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    For Lease
    $20 SF/Yr ($4,341 /Mo)

    Freestanding commercial building with frontage on Route 28 available for lease.

    Property size:
    2,605 SF
    Lot size:
    0.93 Acres

    Property Features for 284 North Broadway Rte

    General Information

    Size
    2,605 SF
    Lot size
    0.93 Acres

    Source: Shea Commercial Properties Agent Harry Shea

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

    Overview

    Freestanding Commercial Building on Route 28

    This freestanding commercial building offers 5,208 square feet of space on a 39,639 square foot lot. The property features excellent frontage on Route 28 and easy access from I-93 via Exit 3. The property is also zoned for restaurant use, but the tenant would be responsible for connecting to the city sewer, which is stubbed in the street. Access is available via I-93, Exit 2. Turn right at the bottom of the ramp and proceed approximately 1 mile to Route 28, then turn left onto Route 28 and proceed to the property on the right. Municipal water and septic services are available, with city sewer stubbed at the street. The tenant needing city sewer is responsible for hook-up. Additionally, 2,605 square feet on the first floor is available for lease.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2199
    Latitude
    42.7902

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    FAQs

    What type of property is this?
    Retail space - Freestanding commercial building with frontage on Route 28 available for lease.
    Where is this retail space located?
    The property is located at 284 North Broadway Rte, Unit 28 Salem, NH.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Excellent frontage on Route 28.; - Easy access from I-93 via Exit-3.; - Large lot size: 39,639+/- sq. ft.
    (603) 490-5859
    Request Owner's contact information
    284 North Broadway Rte, Unit 28 Salem, NH
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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
    284 North Broadway Rte, Unit 28 Salem, NH
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