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    207 Highland Ave, Unit A Salem, MA 01970

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    For Lease
    $18 SF/Yr ($14,746 /Mo)

    Highly visible commercial space suitable for retail, medical, or office.

    Property size:
    9,831 SF
    Lot size:
    9,831 SF

    Property Features for 207 Highland Ave

    General Information

    Standard status
    Active
    Size
    9,831 SF

    Building Details

    Year built
    1970

    Source: The Drumlin Group Inc. Agent Mark Shapiro

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

    Overview

    Highland Avenue Commercial Space Available

    This highly visible commercial space is located on Highland Avenue (Route 107), adjacent to Market Basket and one mile from Salem Hospital and North Shore Children's Hospital. Unit A fronts on the Highland Avenue Corridor and comprises 9,831 square feet. It lends itself to numerous retail, medical, and office uses. The space features a large showroom with floor-to-ceiling glass, offering an abundance of natural light, four private offices, open work areas, a kitchenette, and five restrooms. A mezzanine is present but not included in the square footage calculation. Onsite parking can accommodate 50 or more vehicles. The deal structure is triple net and the space is available now. The space can possibly be combined with additional commercial space (Unit B) in the rear to create approximately 18,332 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DaVita Salem Northeast ... Dialysis Center Gmr motor group Car Dealer Joseph's Storehouse Food Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.919019
    Latitude
    42.5052801

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    FAQs

    What type of property is this?
    Showroom - Highly visible commercial space suitable for retail, medical, or office.
    Where is this showroom located?
    The property is located at 207 Highland Ave, Unit A Salem, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible commercial space on Highland Ave (Rt. 107) adjacent to Market Basket.; - Large 9,831 sq. ft. unit suitable for retail, medical, or office uses.; - Ample onsite parking for 50+\/- vehicles.
    Request Owner's contact information
    207 Highland Ave, Unit A 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
    207 Highland Ave, Unit A Salem, MA 01970
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