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Mixed-Use Property with Upstairs Apartment
For Sale
$525,000

187 Main Street, Salem, NH 03079

Street-level commercial space is paired with an upper-floor apartment and rear off-street parking.

Property SizeContact for details
Days on Market232

Property Features for 187 Main Street

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 1

Amenities

Electric
Forced Air
Propane, Architectural Shingle

Building Details

Year Built 1911
Buildings 1
Listing Agency: Keller Williams Realty Evolution
Listed By: Elizabeth Smith · License #9527032
Source: Kw
Added: Jan 12 Changed: Aug 31 Last Checked: Aug 31 at 9:08AM

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 Keller Williams Realty Evolution

Investment Insights

Based on property information with market context.

Located at 187 Main Street, this standalone mixed-use property combines a street-facing commercial area with an apartment on the level above. The commercial portion is suited to professional office use, while the residential component provides a separate income-producing element within the same building. Rear off-street parking adds practical convenience for occupants and visitors.

The property is positioned on Main Street with access to Route 28 and I-93. Built in 1911, the building features electric and forced-air systems, propane service, and an architectural shingle exterior. Its combination of commercial and residential space supports an owner-occupant arrangement or a mixed-use investment configuration.

Key Highlights

  • Standalone mixed‑use building with street‑level commercial space and an upstairs apartment
  • Commercial area suited to professional office use
  • Rear off‑street parking included

Property Analytics

Current Use

Granite State Mortgage ... Loan Service Granite State Mortgage ... Loan Service

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) 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

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby

Demographics for 03079, NH

30,095
Population
13,511
Households
2.2
Avg Household Size
46
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
1,214
Density / Sq Mi
$101,339
Median Household Income
$59,515
Median Earnings
$1,487
Median Rent
$438,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space is paired with an upper-floor apartment and rear off-street parking.
Where is this mixed-use property located?
The property is located at 187 Main Street Salem, NH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Standalone mixed‑use building with street‑level commercial space and an upstairs apartment; Commercial area suited to professional office use; Rear off‑street parking included
More about this property
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