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Endcap Retail Space
For Lease
$30 SF/Yr CAM $9.38 /USD/SF/YR

17-21 Front Street, Salem, MA 01970

Exposed brick, wood flooring, and access to public parking define this storefront in Salem’s historic district.

Space SizeContact for details
Days on Market13

Property Features for 17-21 Front Street

General Information

Standard status Active
Total Parking Spaces 2
Lease Type NNN

Additional Details

Space Use Retail
CAM $9.38 /SF/YR
End Cap Yes

Building Details

Year Built 1900
Construction brick and granite
Listing Agency: The Drumlin Group Inc.
Listed By: Mark Shapiro
Source: Parksquarerealty
Added: Oct 18 Changed: Oct 28 Last Checked: Oct 28 at 9:07AM

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 The Drumlin Group Inc.

Rey
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Investment Insights

Based on property information with market context.

This 1,918-square-foot end-cap retail space features exposed brick walls, wood floors, and open wood ceilings. It occupies a mixed-use historic building with a brick and granite exterior, built in 1900.

The property is on Front Street in historic Salem and abuts a public parking lot. Two tandem spaces are also available in the building’s private lot. The Old Town House, which hosts a weekly farmers market during summer and fall, is nearby.

Key Highlights

  • 1,918 SF end‑cap retail space
  • Exposed brick walls, wood floors, and open wood ceilings
  • Brick and granite exterior on a mixed‑use historic building

Property Analytics

Current Use

Retail space

Suggested Use

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

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,060
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Valvoline Instant Oil Change Shops & Services
2,198 visits/mo 0.5 miles

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

Lease Benchmarks for Salem, MA

$25.16 /SF/Yr
Avg Asking Price
$12.78–$33 /SF/Yr
Price Range
4,371 SF
Avg Space Size

This space is priced 19% above the average of $25.16 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Exposed brick, wood flooring, and access to public parking define this storefront in Salem’s historic district.
Where is this retail space located?
The property is located at 17-21 Front Street Salem, MA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 1,918 SF end‑cap retail space; Exposed brick walls, wood floors, and open wood ceilings; Brick and granite exterior on a mixed‑use historic building
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