Versatile Office Space
For Lease
$19 SF/Yr
40 Boston Street, Salem, MA 01970
Office space with private offices, reception, and basement.
Space SizeContact for details
Days on Market116
Property Features for 40 Boston Street
General Information
Standard status
Active
Zoning
B1, Legal Non-Conforming
Taxes and HOA fees
Annual Taxes
$10,450
Building Details
Year Built
1900
Listing Agency:
LandVest, Inc.
(508) 451-0020
Listed By:
David Killen
(508) 451-0020
Source:
Liongatere
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 8 at 3:02PM
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 LandVest, Inc.
Investment Insights
Based on property information with market context.
40 Boston Street is available for lease. The space, previously used as a media and print shop, was originally built as an attorney's office, retaining mahogany trim and interior doors. The versatile layout includes 4 private offices, a reception area, a half bath, and a full bath with quality finishes. A full basement offers the possibility of additional space and storage. Interior rooms benefit from natural light from large windows and multiple interior transoms. This single-story, freestanding building has a high-visibility location near the lighted intersection of Boston St and Bridge St, with attractive signage possibilities.
Key Highlights
- High visibility location near a lighted intersection with attractive signage possibilities.
- Versatile layout with 4 private offices, reception area, half bath, and full bath.
- Abundant natural light through large windows and interior transoms.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,283
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Salem, MA
$19.87 /SF/Yr
Avg Asking Price
$15–$29 /SF/Yr
Price Range
21,416 SF
Avg Space Size
This space is priced 4% below the average of $19.87 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space with private offices, reception, and basement.
Where is this office units located?
The property is located at 40 Boston Street Salem, MA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: High visibility location near a lighted intersection with attractive signage possibilities.; Versatile layout with **4 private offices, reception area, half bath, and full bath.**; Abundant natural light through large windows and interior transoms.
