Flex Space with Commercial
For Sale
Contact for pricing
197 Fort Ave Unit 5, Salem, MA 01970
Insulated warehouse space includes a fully equipped commercial kitchen and retail-facing concession windows.
Property Size4,506 SF
Price / SF$1.07
Days on Market52
Property Features for 197 Fort Ave Unit 5
General Information
Standard status
Active
Size
4,506 SF
Property subtype
Commercial
Zoning
B2
Amenities
commercial kitchen
two hoods
walk-in
wash stations
prep room
concession windows
Building Details
Year Built
1940
Listing Agency:
Lokos Realty & Management
(781) 608-3057
Listed By:
Julius Sokol
(781) 608-3057
Source:
Lockandkeyre
Added: Jul 11
Changed: Aug 30
Last Checked: Aug 30 at 7:45PM
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 Lokos Realty & Management
Investment Insights
Based on property information with market context.
This flex property combines 3,225 square feet of insulated open warehouse and distribution space with a 1,281-square-foot commercial kitchen. The kitchen includes two hoods, a walk-in, wash stations, and dedicated preparation space. Two concession windows provide a retail-facing component along the Salem Willows. The combined property contains 4,506 square feet and was built in 1940.
The property includes dedicated parking, with additional public parking available. Located at 197 Fort Ave Unit 5 in Salem, the B2 zoning supports multiple distinct uses, while only by-right and religious uses will be considered for this property.
The property includes dedicated parking, with additional public parking available. Located at 197 Fort Ave Unit 5 in Salem, the B2 zoning supports multiple distinct uses, while only by-right and religious uses will be considered for this property.
Key Highlights
- 4,506 SF total, including 3,225 SF warehouse and 1,281 SF commercial kitchen
- Commercial kitchen with two hoods, a walk‑in, wash stations, and prep space
- Two concession windows front the Salem Willows
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Insulated warehouse space includes a fully equipped commercial kitchen and retail-facing concession windows.
Where is this flex space located?
The property is located at 197 Fort Ave Unit 5 Salem, MA.
What are key features of this property?
This property features: 4,506 SF total, including 3,225 SF warehouse and 1,281 SF commercial kitchen; Commercial kitchen with two hoods, a walk‑in, wash stations, and prep space; Two concession windows front the Salem Willows
