Former Kmart Retail
For Sale
Contact for pricing
161 S Broadway, Salem, NH 03079
Leasehold interest offered in a former Kmart retail building on Route 38 near I-93 Exit 1.
Property SizeContact for details
Days on Market133
Property Features for 161 S Broadway
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
JLL - Boston, Massachusetts
Listed By:
Zachary Nitsche · License #MA 9574279
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 1:50PM
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 JLL - Boston, Massachusetts
Investment Insights
Based on property information with market context.
JLL in partnership with Charter Realty is pleased to offer the leasehold interest in the former Kmart box in Salem, New Hampshire. The offering covers the existing retail building footprint formerly operated as a Kmart location.
The property is located on Route 38, which is directly connected to Exit 1 off Interstate 93. The provided materials note Salem’s appeal to regional shoppers due to tax-free shopping in New Hampshire versus sales tax in Massachusetts.
For retailers and investors evaluating a larger-format retail box, this location provides access tied to a major interstate connection via Route 38, supporting visibility and convenience for cross-border demand.
The property is located on Route 38, which is directly connected to Exit 1 off Interstate 93. The provided materials note Salem’s appeal to regional shoppers due to tax-free shopping in New Hampshire versus sales tax in Massachusetts.
For retailers and investors evaluating a larger-format retail box, this location provides access tied to a major interstate connection via Route 38, supporting visibility and convenience for cross-border demand.
Key Highlights
- Leasehold interest in the former Kmart box retail building in Salem, New Hampshire
- Located on Route 38 with direct connection to Exit 1 off I‑93
- Immediately off I‑93 for convenient access to regional shoppers
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
ScrubaDub Car Wash
Shops & Services
11,268 visits/mo
0.3 miles
Aroma Joe's
Dining
9,364 visits/mo
0.1 miles
TD Bank
Shops & Services
6,861 visits/mo
0.2 miles
Wasabi Japanese Steakhouse
Dining
5,992 visits/mo
0.2 miles
Bank of America
Shops & Services
5,965 visits/mo
0.1 miles
Demographics for 03079, NH
30,095
Population
13,511
Households
2.2
Avg Household Size
46
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
1,214
Density / Sq Mi
$101,339
Median Household Income
$59,515
Median Earnings
$1,487
Median Rent
$438,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Leasehold interest offered in a former Kmart retail building on Route 38 near I-93 Exit 1.
Where is this retail space located?
The property is located at 161 S Broadway Salem, NH.
What are key features of this property?
This property features: Leasehold interest in the former Kmart box retail building in Salem, New Hampshire; Located on Route 38 with direct connection to Exit 1 off I‑93; Immediately off I‑93 for convenient access to regional shoppers
