197 Fort Ave #5 Salem, MA 01970

Building Details

Year Built

1940

Listing agency Lokos Realty & Management j***@gmail.com Show Phone

Listed by Julius Sokol

Source 413realestate

Added: Jul 12 Updated: Jul 21 at 7:54AM Checked: Jul 22 at 2:41AM

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Investment Insights

Based on property information with market context.

Offered for lease is an insulated, open warehouse/distribution space totaling 3,225 square feet, with a separate 1,281 square feet commercial kitchen area. The kitchen is equipped with two hoods, a walk-in, wash stations, and ample prep room. The commercial kitchen fronts directly on the Salem Willows and includes two concession windows, providing a retail component.

The property includes lots of dedicated parking, and additional public parking is available. NNN expenses are approximately $1,700 per month. Zoning is B2, and only by-right and religious uses will be considered.

Key Highlights

• Offered for lease: 4,506 sqft insulated open warehouse/distribution space plus 1,281 sqft commercial kitchen
• Commercial kitchen is fully equipped with two hoods, walk‑in, and wash stations with plenty of prep room
• Kitchen fronts directly on the Salem Willows with two concession windows, creating a summer revenue stream

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FAQs

What type of property is this?

Flex space - Insulated warehouse-distribution space includes a fully equipped commercial kitchen with two hoods and walk-in.

Where is this flex space located?

The property is located at 197 Fort Ave #5 Salem, MA.

What is the lease rate?

The lease rate is $4,800 /Mo.

What are key features of this property?

This property features: Offered for lease: 4,506 sqft insulated open warehouse/distribution space plus 1,281 sqft commercial kitchen; Commercial kitchen is fully equipped with two hoods, walk‑in, and wash stations with plenty of prep room; Kitchen fronts directly on the Salem Willows with two concession windows, creating a summer revenue stream