Highland Avenue Commercial Space
For Lease
$18 SF/Yr NNN
207 Highland Ave #A, Salem, MA 01970
Highly visible commercial space suitable for retail, medical, or office.
Space SizeContact for details
Days on Market429
Property Features for 207 Highland Ave #A
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$93,753
Building Details
Year Built
1970
Listing Agency:
The Drumlin Group Inc.
Listed By:
Mark Shapiro
Source:
Corcoran
Added: Jul 1, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 The Drumlin Group Inc.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
747
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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 #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.
