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Standalone Flex Space with Loading Door
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16 Commercial St, Salem, MA 01970

Freestanding commercial space with a reception area, two interior rooms, half bath, and vehicle-accessible loading setup.

Property Size1,600 SF
Price / SF$1.38
Days on Market3

Property Features for 16 Commercial St

General Information

Standard status Active
Size 1,600 SF
Total Parking Spaces 3
Property subtype Commercial

Additional Details

Office Build-Out 110 SF

Building Details

Year Built 2007
Buildings 1
Building Size 1,600 SF
Listing Agency: eXp Realty LLC
Listed By: Jonathan Ladas
Source: Lockandkeyre
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 3 at 2:08AM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

This freestanding flex property contains 1,600 square feet, including a 110-square-foot reception area at the entry and a half bath. The primary area measures just under 1,500 square feet and is divided into rooms of approximately 100 and 125 square feet. The building was constructed in 2007 and has supported woodworking, retail storage, and contractor storage uses.

An 8-by-7-foot bay door serves the front of the building for loading. The opening is positioned roughly 2 feet above grade, allowing vehicles to pull up for loading while limiting drive-in access. The property also includes three off-street parking spaces, with additional on-street parking in the surrounding area.

Key Highlights

  • 1,600 SF freestanding flex building constructed in 2007
  • 110 SF reception area with a half bath
  • Main area measures just under 1,500 SF

Property Analytics

Current Use

Wampum Builders Construction Company

Suggested Use

Top Pick Locksmith Nursing Home Computer & Electronic Repair (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service

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

2,233
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Salem Gnu Kitchen 62 Wharf St, Salem, MA 01970
  • Hawthorne Catering Co 18 Washington Square, Salem, MA 01970
  • Country Club Caterers Salem, MA 01970
  • Ken Rothwell's Custom Catering 7 Franklin St # 6, Salem, MA 01970

Frequently Asked Questions

What type of property is this?
Flex space - Freestanding commercial space with a reception area, two interior rooms, half bath, and vehicle-accessible loading setup.
Where is this flex space located?
The property is located at 16 Commercial St Salem, MA.
What are key features of this property?
This property features: 1,600 SF freestanding flex building constructed in 2007; 110 SF reception area with a half bath; Main area measures just under 1,500 SF
More about this property
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