Two-Level Flex
New
For Lease
$3,500/Mo NNN
165 Boston St, Salem, MA 01970
Five upstairs offices sit above a heated garage area with central air conditioning.
Space Size2,500 SF
Days on Market6
Property Features for 165 Boston St
General Information
Standard status
Active
Size
2,500 SF
Net Rentable
2,500 SF
Zoning
B2, Legal Conforming
Lease Type
NNN
Property Condition
Severity
Repairs Needed
Evidence
with some build out needed
Space & Availability
Available Space
2,500 SF
Contiguous Space
2,500 SF
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,614
Building Details
Building Size
2,500 SF
Year Built
1988
Listing Agency:
Clements Realty Group
(781) 595-9600
Listed By:
Jeanna Alimonti
(603) 858-6769
Source:
Bostoniaproperties
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:23PM
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 Clements Realty Group
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Investment Insights
Based on property information with market context.
This two-level flex space contains approximately 2500 square feet. The converted garage has epoxy flooring, heat, and central air conditioning. Upstairs are five office rooms, a full bathroom, and a mini kitchenette; each floor has a bathroom. The property also includes a kitchenette area and is zoned B2, Legal Conforming. The lease is structured as triple net.
Located at 165 Boston St in Salem, the property sits just over the Peabody line. The building was constructed in 1988.
Located at 165 Boston St in Salem, the property sits just over the Peabody line. The building was constructed in 1988.
Key Highlights
- Approximately 2500 square feet across two levels
- Five office rooms, a full bathroom, and a mini kitchenette on the second floor
- Converted garage area has epoxy floors, heat, and central AC
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Salem, MA
$14.76 /SF/Yr
Avg Asking Price
$12.78–$16 /SF/Yr
Price Range
13,479 SF
Avg Space Size
This space is priced 14% above the average of $14.76 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
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- Ezatique Femme Africaine Femme active — 7 Mcintyre Ct, Peabody, MA 01960
- Hungry Nomads Boston — 71 Wallis St, Peabody, MA 01960
Frequently Asked Questions
What type of property is this?
Flex space - Five upstairs offices sit above a heated garage area with central air conditioning.
Where is this flex space located?
The property is located at 165 Boston St Salem, MA.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Approximately 2500 square feet across two levels; Five office rooms, a full bathroom, and a mini kitchenette on the second floor; Converted garage area has epoxy floors, heat, and central AC
