Salem Commercial Building Near
For Sale
Contact for pricing
280 Bridge St, Salem, MA 01970
Freestanding commercial building near Salem T with development potential.
Property Size1,106 SF
Days on Market704
Property Features for 280 Bridge St
General Information
Standard status
Active
Size
1,106 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,838
Building Details
Year Built
1900
Listing Agency:
North Shore Realty Pros
(978) 414-5566
Listed By:
David Cutler · License #9529198
Source:
Corcoran
Added: Sep 17, 2024
Changed: Aug 14
Last Checked: Aug 14 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Shore Realty Pros
Investment Insights
Based on property information with market context.
This 1,100 square foot freestanding commercial building is located steps from the Salem T in an area with high pedestrian traffic. The building, with interior dimensions of 78 feet by 13 feet, includes a small parking lot. It is zoned NRCC (North River Canal Corridor Neighborhood Mixed Use). The property was formerly used as a bait and tackle retail store. The owner is open to different business ideas and lease arrangements, and will also consider a sale. The building has been cleared out and has new subfloors. The owner is willing to build-to-suit. Uses allowed by right include artist lofts or living space, studios, galleries, business or professional offices such as lawyers or accountants, medical or dental offices, and retail uses such as convenience stores, coffee shops, tourist attractions, gift shops, florists, barber shops or salons, banks, laundromats, and liquor stores. Uses allowed with a special permit include music, recording, or dance studios, light manufacturing, breweries, distilleries, or wineries with tasting rooms, hotels or inns, social clubs, lodges, restaurants, and bars. There is significant development planned for the immediate area.
Key Highlights
- Prime location with high pedestrian traffic and proximity to the Salem T.
- Flexible NRCC zoning allows for a wide range of business and residential uses (by right and with special permit).
- Seller is open to various business ideas, lease arrangements, or a sale.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,692
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
4,220 visits/mo
0.2 miles
Valvoline Instant Oil Change
Shops & Services
2,198 visits/mo
0.1 miles
Demographics for 01970, MA
44,451
Population
20,920
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
92%
High-School Grad
8.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$85,189
Median Household Income
$52,024
Median Earnings
$1,800
Median Rent
$497,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Peter Barter Flowers of Salem — derby street, salem, ma 01970
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- Karla Cassidy Designs — 21 Winter St, Salem, MA 01970
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding commercial building near Salem T with development potential.
Where is this storefront property located?
The property is located at 280 Bridge St Salem, MA.
What are key features of this property?
This property features: Prime location with high pedestrian traffic and proximity to the Salem T.; Flexible NRCC zoning allows for a wide range of business and residential uses (by right and with special permit).; Seller is open to various business ideas, lease arrangements, or a sale.
