Building Details

Units 3

Listing Agency: Berkshire Hathaway HomeServices Verani Realty Commercial Division r***@verani.com Show Phone

Listed By: Richard Garafola Show Phone

Source: Elliman

Added: Jun 3 Changed: Aug 8 Last Checked: Aug 9 at 8:06AM

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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 Berkshire Hathaway HomeServices Verani Realty Commercial Division

Investment Insights

Based on property information with market context.

This fully built-out, turnkey food service space is designed for immediate operation and is laid out for both customer-facing service and back-of-house production. The unit includes an inviting retail storefront paired with a high-capacity commercial kitchen, creating a seamless transition for day-to-day food service.

Located at 380 South Broadway in Salem, NH, the space sits along one of Salem’s most sought-after retail corridors. The configuration supports operators seeking a ready-to-run environment rather than a ground-up build-out.

If you’re looking to open quickly, the combination of a storefront and a commercial kitchen provides the core improvements needed to begin serving with minimal start-up disruption.

Key Highlights

• Fully built‑out food service space with a retail storefront and high‑capacity commercial kitchen
• Designed for immediate operation—ready for an established brand or an operator to begin serving
• Suitable for a wide range of food concepts based on the combined storefront and kitchen layout

Property Analytics

Current Use

Shyer’s Lobster Pound Specialty Food Shop We Fix It ... Computer & Electronic Repair HEAVENZ VAPE & CBD (Bike/Boat/Book/etc) Store Batteries Plus Auto Parts Store CoinFlip Bitcoin ATM Currency Exchange Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Big Box & Wholesale Store Storage Facility

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

NNN (Triple Net)

Lease Type

$3.90 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

336

Businesses Nearby

946k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 23% Superstores 22% Dining 21% Groceries 15%

Target Superstores

148,199 visits/mo 0.2 miles

Market Basket Groceries

76,416 visits/mo 0.4 miles

Chick-fil-A Dining

65,680 visits/mo 0.3 miles

BJ's Wholesale Club Superstores

61,723 visits/mo 0.1 miles

Kohl's Apparel

60,874 visits/mo 0.2 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

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Fully built-out restaurant suite with a retail storefront and high-capacity commercial kitchen, ready for immediate operation.

Where is this conventional restaurant located?

The property is located at 380 South Broadway Salem, NH.

What is the lease rate?

The lease rate is $26 SF/Yr.

What are key features of this property?

This property features: Fully built‑out food service space with a retail storefront and high‑capacity commercial kitchen; Designed for immediate operation—ready for an established brand or an operator to begin serving; Suitable for a wide range of food concepts based on the combined storefront and kitchen layout