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    240 N Broadway Salem, NH 03079

    For Lease
    $25 SF/Yr ($3,333 /Mo)

    Contemporary retail space with open layout and high visibility.

    Property size:
    1,600 SF
    Lot size:
    3.88 Acres

    Property Features for 240 N Broadway

    General Information

    Size
    1,600 SF
    Lot size
    3.88 Acres

    Source: Berkshire Hathaway HomeServices Verani Realty Commercial Division Agent Andrew Levy

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

    Overview

    Retail Space with Modern Design

    This retail space features a contemporary design and a flexible layout suitable for various business needs. The property benefits from natural light, which enters through large windows, creating a welcoming atmosphere. The layout includes 3 offices or rooms, an open area, a reception desk, a storage room, and a small sink. It also features 2 ADA-compliant bathrooms. The property offers high visibility and accessibility, making it suitable for enhancing brand exposure and attracting clients. The property size is 1,600 square feet.
    Location Intelligence

    Current Use by Public Records

    Sylvan Learning of Salem, ... Tutoring Service Prime IV Hydration ... Health Spa Elizabeth Grady Laser Hair Removal Service Maddies Bagel & Eatery ... Breakfast Restaurant Atwood Jewelers Jewelry Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.235856
    Latitude
    42.792705

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    FAQs

    What type of property is this?
    Retail space - Contemporary retail space with open layout and high visibility.
    Where is this retail space located?
    The property is located at 240 N Broadway Salem, NH.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High visibility and accessibility for attracting clients.; - Flexible layout suitable for diverse business needs.; - Abundant natural light creating a welcoming and productive work environment.
    (603) 493-1007
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    240 N Broadway 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
    240 N Broadway Salem, NH 03079
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