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Freestanding Commercial Building Near Salem T
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280 Bridge Street, Salem, MA 01970

1,100 SF commercial building with parking near Salem T.

Property Size1,106 SF
Price / SF$3.59
Days on Market1030

Property Features for 280 Bridge Street

General Information

Standard status Active
Size 1,106 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: North Shore Realty Pros
Listed By: David Cutler · License #9529198
Source: Stevebremis
Added: Oct 19, 2023 Changed: Aug 8 Last Checked: Aug 8 at 3:28PM

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, with interior dimensions of 78 feet by 13 feet, is located in an area with high pedestrian and traffic count, steps from the Salem T. The property includes a small parking lot. Formerly a Bait & Tackle retail store, the property is zoned NRCC (North River Canal Corridor Neighborhood Mixed Use). The seller is open to various business ideas and lease arrangements, and will consider a sale. The property has been cleared out and features new subfloors. The owner is willing to build-to-suit. Permitted uses by right include artist lofts and living spaces, studios, galleries, business and professional offices (such as lawyers and accountants), medical and dental offices, and retail establishments such as convenience stores, coffee shops, tourist attractions, gift shops, florists, barber shops and salons, banks, laundromats, and liquor stores. Uses allowed with a special permit include music, recording, and dance studios, light manufacturing, breweries, distilleries, and wineries with tasting rooms, hotels or inns, social clubs, lodges, restaurants, and bars. The immediate area has tons of planned development.

Key Highlights

  • High pedestrian and traffic count in an amazing location near the Salem T.
  • Flexible NRCC zoning allows for a wide range of business and residential uses.
  • Seller is negotiable on business ideas, lease arrangements, or sale.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Parts Store Dental Office Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,692
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Peter Barter Flowers of Salem derby street, salem, ma 01970
  • 33 Munroe Weddings, Events, and Florals 1 Jefferson Ave, Salem, MA 01970
  • Karla Cassidy Designs 21 Winter St, Salem, MA 01970

Frequently Asked Questions

What type of property is this?
Storefront property - 1,100 SF commercial building with parking near Salem T.
Where is this storefront property located?
The property is located at 280 Bridge Street Salem, MA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: High pedestrian and traffic count in an amazing location near the Salem T.; Flexible NRCC zoning allows for a wide range of business and residential uses.; Seller is negotiable on business ideas, lease arrangements, or sale.
More about this property
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