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Commercial Land with Retail Pad Potential
For Sale
Contact for pricing
Pending

45 Traders Way, Salem, MA 01970

Commercial land near Home Depot with potential for retail and office development.

Property SizeContact for details
Days on Market41

Property Features for 45 Traders Way

General Information

Standard status Pending
Property subtype Land
Listing Agency: Fafard Commercial Real Estate
Listed By: Larry Doane · License #MA 125965
Source: Crexi
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 1:04PM

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 Fafard Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2.7-acre commercial land parcel offers multiple development concepts. The property has been considered for a two-story commercial building with retail space on the ground floor and offices above. Another concept calls for a 6,000-square-foot retail pad site, providing flexibility for future site planning.

The parcel is positioned on Traders Way near First Street, with Home Depot nearby and Hawthome Plaza behind the site. Route 107 provides the stated access context. The minimum division is 2.70 AC, supporting the property’s classification as a substantial commercial land offering for a retail- or office-oriented development plan.

Key Highlights

  • 2.7AC commercial lot
  • Potential 6,000 SF retail pad site
  • Proposed 2‑story building with first‑floor retail and second‑floor office

Property Analytics

Current Use

Traders Row Apartment Building Farquhar and Black Insurance ... Insurance Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Parking Lot & Garage Spa & Massage Center Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land near Home Depot with potential for retail and office development.
Where is this commercial land located?
The property is located at 45 Traders Way Salem, MA.
What are key features of this property?
This property features: 2.7AC commercial lot; Potential 6,000 SF retail pad site; Proposed 2‑story building with first‑floor retail and second‑floor office
More about this property
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