125 Canal Street Salem, MA 01970

Building Details

Year Built

1955

Listing agency The Drumlin Group Inc.

Listed by Mark Shapiro Show Phone

Source Merryfoxrealty

Added: May 8 Updated: Jul 22 at 2:30PM Checked: Jul 22 at 2:30PM

Report an Issue

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 The Drumlin Group Inc.

---

Investment Insights

Based on property information with market context.

This is a restaurant space within a grocery-anchored retail plaza at 125 Canal Street in Salem, MA. The space has been used as a long-time Asian restaurant and is described as suitable for other food uses, including pizza and ice cream.

The shopping center includes Crosby’s Marketplace, Subway, and Marblehead Bank, along with other retailers. The site offers abundant parking and features a large pylon sign, providing visibility for businesses serving the surrounding area.

Key Highlights

• Long‑time Asian restaurant space in a grocery‑anchored retail plaza
• Plaza tenants include Crosby's Marketplace, Subway, and Marblehead Bank
• Located between Salem State University and downtown Salem

Property Analytics

Location Intelligence

Similar For Rent Nearby

• 

  $4,800/Mo

  4,506 SF

  Warehouse with Commercial Kitchen

  Insulated warehouse-distribution space includes a fully equipped commercial kitchen with two hoods and walk-in.

  197 Fort Ave, #5, Salem, MA 01970

  View Details
• 

  $23 SF/Yr

  2,000 SF

  Ground Floor Office/Medical Suite

  Ground floor suite with private offices, reception, conference room, kitchenette, and central HVAC, available on a NNN lease.

  63-1/2 Jefferson Ave #105, Salem, MA 01970

  View Details
• 

  $20,000/Mo

  4,488 SF

  Auto Body Facility with 6 Bays

  Automotive facility includes six service bays, four lifts, showroom, offices, and ADA-compliant restroom.

  296 Highland Ave, Salem, MA 01950

  View Details
• 

  $24.50 SF/Yr

  2,250 SF

  Renovated Retail/Office Space

  Renovated, fully air-conditioned space with grade entry, ample parking, and multiple approved-use options.

  57 Loring Ave, Salem, MA

  View Details
• 

  $4,000/Mo

  3,000 SF

  Multi-Level Retail or Office Space

  Multi-level space with bathrooms on each floor, suitable for office or service uses with some build-out needed.

  167 Boston St 1, Salem, MA 01970

  View Details
• 

  $34 SF/Yr

  2,342 SF

  Single-Tenant Retail Restaurant

  Single-tenant restaurant building features marquee signage and two curb cuts, with options for as-is restaurant equipment.

  100-102 Boston St, Salem, MA 01970

  View Details
• 

  $18 SF/Yr

  1,145 SF

  Downtown Salem Office Suite

  Well-designed office suite in a prime downtown location.

  60 Washington St, Salem, MA 01970

  View Details
• 

  $15 SF/Yr

  8,501 SF

  High-Exposure Retail/Wholesale/Fitness Space

  8,501 sq ft space suitable for retail, wholesale, fitness.

  207 Highland Ave #B, Salem, MA 01970

  View Details
• 

  $5,720/Mo

  2,145 SF

  Retail Storefront with Large Open Space

  Approximately 2,145 sf of open retail space available in a brick storefront across from Pickering Wharf.

  214 Derby, Salem, MA 01970

  View Details
• 

  $16 SF/Yr

  8,000 SF

  Flex Space at Enterprise Center

  Flex commercial space suitable for office, assembly, and distribution.

  71 Loring Ave #100, Salem, MA 01970

  View Details
• 

  $7,500/Mo

  2,500 SF

  Freestanding Flex/Industrial Facility

  Freestanding flex/industrial building with 2,500+ SF, outdoor grounds, and ample parking on a B2-zoned site.

  1 Dipietro Ave, Salem, MA 01970

  View Details
• 

  $18 SF/Yr

  16,000 SF

  Downtown Salem Office Space Available

  Office space for lease in downtown Salem near amenities.

  10 Federal St, Salem, MA 01970

  View Details

FAQs

What type of property is this?

Conventional restaurant - Long-time Asian restaurant space in a grocery-anchored plaza with abundant parking and a large pylon sign.

Where is this conventional restaurant located?

The property is located at 125 Canal Street Salem, MA.

What is the lease rate?

The lease rate is $28 SF/Yr.

What are key features of this property?

This property features: Long‑time Asian restaurant space in a grocery‑anchored retail plaza; Plaza tenants include Crosby's Marketplace, Subway, and Marblehead Bank; Located between Salem State University and downtown Salem