Search
Salem Office Building For Sale
For Sale
Contact for pricing

265 Essex St, Salem, MA 01970

Prominent 14,176 RSF Class B office building in downtown Salem.

Property Size14,176 SF
Days on Market190

Property Features for 265 Essex St

General Information

Standard status Active
Size 14,176 SF
Class B
Property subtype Office
Zoning B5
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1916
Year Renovated 1985
Buildings 1
Stories 3
Listing Agency: Hunneman
Listed By: Bill Rand · License #MA
Source: Crexi
Added: Feb 12 Changed: Aug 8 Last Checked: Aug 20 at 12:35AM

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 Hunneman

Investment Insights

Based on property information with market context.

The property at 265 Essex Street is a Class B office building with approximately 14,176 rentable square feet. It is located in downtown Salem, Massachusetts, off Route 114, with proximity to Route 128 and Interstate 95. Situated along one of Salem’s active corridors, the building is near the Bewitched Sculpture, the Peabody Essex Museum, and the Witch House at Salem, benefiting from significant foot traffic. The property offers durable income and value-add potential through rental growth or future redevelopment.

Key Highlights

  • Prominent ±14,176 RSF Class B office building in downtown Salem, MA.
  • Strategically located off Route 114, with close proximity to Route 128 and Interstate 95.
  • High foot traffic location along Salem's most active corridor.

Property Analytics

Current Use

Sean M Wynne ... Law Firm Kaneworks, Inc. Marketing & Advertising Salem Chamber of Commerce Business Service Center Salem Main Streets Social Service Agency New England Civil ... Civil Engineer

Suggested Use

Top Pick Locksmith Nursing Home Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Pet 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.

Location Intelligence

Trade Area within ½ mile

2,823
Businesses Nearby

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Prominent 14,176 RSF Class B office building in downtown Salem.
Where is this office building located?
The property is located at 265 Essex St Salem, MA.
What are key features of this property?
This property features: Prominent ±14,176 RSF Class B office building in downtown Salem, MA.; Strategically located off Route 114, with close proximity to Route 128 and Interstate 95.; High foot traffic location along Salem's most active corridor.
(617) 457-3336 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message