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Corner Convenience Store Property
New
For Sale
$1,395,000

18 Boston, Salem, MA 01970

Existing retail operation offers beer, wine, spirits, and lottery products.

Property Size1,395 SF
Days on Market2

Property Features for 18 Boston

General Information

Standard status Active
Size 1,395 SF
Property subtype Commercial

Additional Details

Business Included Yes
Corner Location Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $10,477

Building Details

Building Size 1,395 SF
Year Built 1920
Listing Agency: Berkshire Hathaway HomeServices Warren Residential
Listed By: Onnelly T. Parslow
Source: Classifiedrealtygroup
Added: Sep 2 Last Checked: Sep 2 at 1:17PM

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 Berkshire Hathaway HomeServices Warren Residential

Investment Insights

Based on property information with market context.

Located at 18 Boston Street in Salem, Massachusetts, this 1920-built property is configured for an established retail liquor store. The business offers beer, wine, and spirits, along with Mega Millions, additional lottery games, and scratch tickets.

The property occupies a corner location with customer access from the surrounding street network. Business, real estate, and license components are subject to sale terms and applicable approvals. Inventory is not included and may be acquired separately.

Key Highlights

  • 1920‑built property at 18 Boston Street in Salem, MA 01970
  • Corner location with customer access
  • Established retail liquor store configuration

Property Analytics

Current Use

Arge's Liquors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nursing Home Garden Center (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Clothing & Fashion Store

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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

2,551
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 88% Shops & Services 12%
Dunkin' Donuts Dining
6,770 visits/mo 0.3 miles
Public Storage Shops & Services
946 visits/mo 0.3 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

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
Rey
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Similar Off Market Nearby

  • Crosby's Marketplace 125 Canal St, Salem, MA 01970
  • Los Amigos Supermarket 122 Lafayette St, Salem, MA 01970
  • Steve's Quality Market 36 Margin St, Salem, MA 01970
  • Crust at The Counter 209 Essex St, Salem, MA 01970

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Existing retail operation offers beer, wine, spirits, and lottery products.
Where is this grocery and convenience store located?
The property is located at 18 Boston Salem, MA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 1920‑built property at 18 Boston Street in Salem, MA 01970; Corner location with customer access; Established retail liquor store configuration
More about this property
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