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    176 Essex St, Unit Salem Salem, MA 01970

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    For Sale
    $150,000

    Profitable Polish deli established in 2001, available for sale.

    Building Details

    Year built
    2001

    Source: CMD Realty Group, LLC Agent Michael DiCorato

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Polish Deli For Sale

    This listing features an established Polish deli, which has been in operation since 2001. The property is categorized as a retail property, specifically a grocery and convenience store, and an individual retail property. It is available for sale.
    Location Intelligence

    Current Use by Public Records

    Hocus Pocus Tours Tour Operator Polonus European Deli Grocery Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Steve's Quality Market, Los Amigos Supermarket, Congress Street Market, Public restrooms, Crust at The Counter

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8935195
    Latitude
    42.5218534

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    FAQs

    What type of property is this?
    Grocery and convenience store - Profitable Polish deli established in 2001, available for sale.
    Where is this grocery and convenience store located?
    The property is located at 176 Essex St, Unit Salem Salem, MA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Established Polish Deli: A local favorite since 2001.; - Business Opportunity: Your chance to own a thriving business.; - Year Built: 2001.
    (617) 224-8083
    Request Owner's contact information
    176 Essex St, Unit Salem Salem, MA 01970
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    Salem, MA 01970
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    176 Essex St, Unit Salem Salem, MA 01970
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