Restaurant Space in Grocery-Anchored
New
For Sale
Contact for pricing
125 Canal St, Salem, MA 01970
The space is positioned in a shopping center with on-site parking and a shared pylon sign.
Property Size1,300 SF
Price / SF$0.02
Days on Market7
Property Features for 125 Canal St
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial
Additional Details
Pylon Signage
Yes
Building Details
Year Built
1955
Listing Agency:
The Drumlin Group Inc.
(978) 741-3696
Listed By:
David Hark · License #9010260
(617) 633-6719
Source:
Lockandkeyre
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 4 at 10:32AM
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.
A 1,300-square-foot restaurant space is available in a shopping center in Salem. The center was built in 1955 and includes a large pylon sign and on-site parking. The space previously served an Asian restaurant; food-service uses are noted for the premises.
Crosby’s Marketplace anchors the center, alongside Subway, Marblehead Bank, and other retailers. The property sits between Salem State University and downtown Salem.
Crosby’s Marketplace anchors the center, alongside Subway, Marblehead Bank, and other retailers. The property sits between Salem State University and downtown Salem.
Key Highlights
- 1,300‑square‑foot restaurant space
- Located in a center anchored by Crosby’s Marketplace
- Subway and Marblehead Bank are among the center’s other named retailers
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The space is positioned in a shopping center with on-site parking and a shared pylon sign.
Where is this conventional restaurant located?
The property is located at 125 Canal St Salem, MA.
What are key features of this property?
This property features: 1,300‑square‑foot restaurant space; Located in a center anchored by Crosby’s Marketplace; Subway and Marblehead Bank are among the center’s other named retailers
