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Retail Space with Laundromat Equipment
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For Sale
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172 Salem # Laundry, Boston, MA 02113

Existing laundry infrastructure serves a dense residential setting with an approved lease transfer.

Property SizeContact for details
Days on Market4

Property Features for 172 Salem # Laundry

General Information

Standard status Active
Property subtype Commercial
Zoning 999999
Lease Type NNN

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $999,999

Building Details

Year Built 1899
Listing Agency: LPT Realty - Home & Key Group
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 2 at 2:47PM

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 LPT Realty - Home & Key Group

Investment Insights

Based on property information with market context.

This retail space includes an established laundry setup with 8 commercial washers, 8 commercial dryers, folding stations, and a customer service area. The existing equipment and laundry systems may require servicing or upgrades, providing a basis for modernization or repositioning of the operation.

The property is located at 172 Salem St in Boston’s North End, within a high-density residential neighborhood described as having consistent foot traffic. The landlord has approved the lease transfer. The building dates to 1899, and the asset sale includes the existing laundry equipment.

Key Highlights

  • 8 commercial washers and 8 commercial dryers included
  • Folding stations and customer service area in place
  • Located at 172 Salem St in Boston’s North End

Property Analytics

Current Use

Loads of Fun (Bike/Boat/Book/etc) Store The Laundry Room (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Clothing & Fashion Store Pet Grooming Service Butcher Tattoo & Piercing Shop Tanning Salon

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

12,999
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 58% Beauty & Spa 16% Dining 13% Shops & Services 13%
Boston Marriott Long Wharf Hotels & Casinos
25,424 visits/mo 0.4 miles
Marriott Vacation Club Pulse at Custom House, Boston Hotels & Casinos
15,363 visits/mo 0.4 miles
Sephora Beauty & Spa
13,861 visits/mo 0.4 miles
Chart House Dining
7,933 visits/mo 0.5 miles
Santander Bank Shops & Services
7,110 visits/mo 0.3 miles

Demographics for 02113, MA

7,126
Population
4,664
Households
1.5
Avg Household Size
29
Median Age
80%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
71,260
Density / Sq Mi
$110,321
Median Household Income
$72,264
Median Earnings
$2,498
Median Rent
$693,900
Median Home Value

Market

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Existing laundry infrastructure serves a dense residential setting with an approved lease transfer.
Where is this retail space located?
The property is located at 172 Salem # Laundry Boston, MA.
What are key features of this property?
This property features: 8 commercial washers and 8 commercial dryers included; Folding stations and customer service area in place; Located at 172 Salem St in Boston’s North End
More about this property
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