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    3-21 Paradise Rd Salem, MA 01970

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    For Lease
    Contact for pricing

    Retail space with excellent parking and visibility in Salem.

    Property size:
    3,549 SF
    Lot size:
    4.19 Acres

    Property Features for 3-21 Paradise Rd

    General Information

    Size
    3,549 SF
    Lot size
    4.19 Acres

    Source: Atlantic Retail - Corporate Agent Jamie Lynch

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

    Overview

    Retail Space in Vinnin Square

    This retail space is located at the intersection of Route 1A (17 Paradise Rd) and Vinnin Street in busy Vinnin Square. The property offers excellent parking and visibility. Co-tenants include Staples, GNC, Supercuts and Club Pilates. The property size is 3549 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8993264
    Latitude
    42.4857024

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    FAQs

    What type of property is this?
    Strip mall - Retail space with excellent parking and visibility in Salem.
    Where is this strip mall located?
    The property is located at 3-21 Paradise Rd Salem, MA.
    What are key features of this property?
    This property features: - Excellent parking for customers and staff.; - High visibility location, perfect for attracting attention.; - Located in busy Vinnin Square.
    (617) 239-3600
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    3-21 Paradise Rd Salem, MA 01970
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    Salem, MA 01970
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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
    3-21 Paradise Rd Salem, MA 01970
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