Mixed-Use Development Land
For Sale
Contact for pricing
Pending
266 Canal St, Salem, MA 01970
Two parcels totaling 3.6 acres at Canal Street offer development potential for retail, apartments, and office use.
Property SizeContact for details
Lot Size3.60 Acres
Days on Market119
Property Features for 266 Canal St
General Information
Standard status
Pending
Lot size
3.60 Acres
Property subtype
Land, Retail
Listing Agency:
Drumlin Group Inc
(978) 741-3696
Listed By:
David Hark · License #9010260
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last Checked: Apr 14 at 12:27AM
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 Drumlin Group Inc
Investment Insights
Based on property information with market context.
Two parcels of land are offered for sale: 266 and 282 Canal Street. Combined, the sites total 3.6 acres and present a flexible mixed-use development opportunity for retail, apartments, and office space.
The properties are located across the street from Salem State University and are also close to an anticipated new South Salem Rail stop. In addition, the sites are on the bike path connecting Marblehead to downtown Salem.
For developers seeking a consolidated land package, the offering includes both parcels under a single sale presentation, supporting a mixed-use plan across multiple land lots.
The properties are located across the street from Salem State University and are also close to an anticipated new South Salem Rail stop. In addition, the sites are on the bike path connecting Marblehead to downtown Salem.
For developers seeking a consolidated land package, the offering includes both parcels under a single sale presentation, supporting a mixed-use plan across multiple land lots.
Key Highlights
- Two land parcels for sale at 266 and 282 Canal Street totaling 3.6 acres
- Development site suitable for mixed‑use construction including retail, apartments, and office space
- Location across the street from Salem State University
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two parcels totaling 3.6 acres at Canal Street offer development potential for retail, apartments, and office use.
Where is this commercial land located?
The property is located at 266 Canal St Salem, MA.
What are key features of this property?
This property features: Two land parcels for sale at 266 and 282 Canal Street totaling 3.6 acres; Development site suitable for mixed‑use construction including retail, apartments, and office space; Location across the street from Salem State University
