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    107 Main St Salem, NH 03079

    For Lease
    $2,500 /Mo ($12 SF/Yr)

    2,400+/- sq ft retail-restaurant space in Salem, NH.

    Property size:
    2,400 SF
    Lot size:
    0.77 Acres

    Property Features for 107 Main St

    General Information

    Size
    2,400 SF
    Lot size
    0.77 Acres

    Source: Shea Commercial Properties Agent Harry Shea

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

    Overview

    Retail-Restaurant Space on Route 97

    This is a 2,400+/- square foot retail-restaurant space available for lease, located in the lower level basement area of a free-standing building with a mix of tenants. The property features an equipped kitchen area with included appliances, though it requires ansel systems. It also includes two handicapped accessible bathrooms. The location offers exposure on Route 97 and is situated in the heart of the Salem, New Hampshire Business District. Access is available via I-93 to Exit 2, with a right turn onto Pelham Road, continuing straight onto Main Street, crossing over Route 28 Broadway, and proceeding to the second building on the left. Municipal water and sewer services are provided, as well as natural gas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spicket Lodge # 85 ... Fraternal Organization Jasmine SPA & Wellness Spa

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -71.228833
    Latitude
    42.7824547

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    FAQs

    What type of property is this?
    Restaurant - 2,400+/- sq ft retail-restaurant space in Salem, NH.
    Where is this restaurant located?
    The property is located at 107 Main St Salem, NH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location and exposure on Route 97; - Located in the heart of Salem-NH Business District; - Equipped kitchen area with included appliances
    (603) 490-5859
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    107 Main St 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
    107 Main St Salem, NH 03079
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