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Auto Body Facility with 6 Bays
For Lease
$20,000/Mo

296 Highland Ave, Salem, MA 01950

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

Property Size4,488 SF
Days on Market12

Property Features for 296 Highland Ave

General Information

Standard status Active
Size 4,488 SF
Property subtype Commercial

Additional Details

Traffic Count 35,000 vehicles/day
Service Bays 6

Building Details

Year Built 1950
Listing Agency: Colliers
Listed By: Doug Martin · License #065638
Source: Elliman
Added: Jul 20 Changed: Jul 21 Last Checked: Jul 31 at 8:23AM

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 Colliers

Investment Insights

Based on property information with market context.

This auto body–approved automotive facility includes six service bays and four lifts, along with showroom space. The building also features a manager’s office, title office, parts and stock rooms, a customer waiting area, and a break room, plus an ADA-compliant restroom and a security system.

The property is located on busy Highland Avenue with outstanding visibility. A signalized intersection stops traffic directly in front of the site, and the parcel is positioned alongside major national retailers and traffic generators.

The space is offered for lease as an automotive facility under modified gross terms.

Key Highlights

  • 4,488 SF automotive facility with 6 service bays and 4 lifts
  • Includes showroom space, manager’s office, title office, parts/stock rooms, and customer waiting area
  • ADA‑compliant restroom and security system in the automotive facility

Property Analytics

Current Use

CarFive Car Dealership Clayton Company General Contractor

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Kitchen & Bath Showroom Bakery

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

Lease Details

6
Service bays
35,000 VPD
Traffic count
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
52k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 87% Shops & Services 8% Electronics 5%
The Home Depot Home Improvements & Furnishings
44,873 visits/mo 0.2 miles
T-Mobile Electronics
2,721 visits/mo 0.1 miles
Pep Boys Auto Parts & Service Shops & Services
2,432 visits/mo 0.3 miles
AutoZone Shops & Services
1,558 visits/mo 0.3 miles

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
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
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Similar Off Market Nearby

  • Town Fair Tire — 311 Highland Ave, Salem, MA 01970
  • Highland Ave Auto Body — 455 Highland Ave, Salem, MA 01970
  • Pep Boys — 232 Highland Ave, Salem, MA 01970
  • jays auto tuning — 56 Swampscott Rd, Salem, MA 01970
  • Salem High School Automotive Center — 77 Willson St, Salem, MA 01970

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive facility includes six service bays, four lifts, showroom, offices, and ADA-compliant restroom.
Where is this auto shop located?
The property is located at 296 Highland Ave Salem, MA.
What is the lease rate?
The lease rate is $20,000 /Mo.
What are key features of this property?
This property features: 4,488 SF automotive facility with 6 service bays and 4 lifts; Includes showroom space, manager’s office, title office, parts/stock rooms, and customer waiting area; ADA‑compliant restroom and security system in the automotive facility
More about this property
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