Ground-Floor Retail
New
For Lease
$29 SF/Yr CAM $2.00 /USD/SF/YR
266 Canal St, Salem, MA 01970
Street-facing space offers storefront windows and accessibility within a 250-unit apartment development.
Space SizeContact for details
Property Size1,250 SF
Days on Market3
Property Features for 266 Canal St
General Information
Standard status
Active
Size
1,250 SF
Zoning
B2, Legal Conforming
Space & Availability
Floor
Ground
Space Use
Office
Additional Details
CAM
$2.00 /USD/SF/YR
Taxes and HOA fees
Annual Taxes
$91,287
Amenities
handicap accessibility
Building Details
Building Size
1,250 SF
Year Built
2025
Listing Agency:
The Drumlin Group Inc.
(617) 633-6719
Listed By:
David Hark · License #9010260
(617) 633-6719
Source:
Startpoint
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 2:21PM
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.
Ground-floor commercial space is available within a 2025-built, 250-unit apartment development at 266 Canal St. The premises can accommodate retail or office use and include storefront windows for direct street exposure. Handicap accessibility is also provided.
The property is near Salem State University in Salem, Massachusetts, placing the space within an established residential and educational setting. A buildout allowance is available for qualified tenants, supporting customization for an approved occupancy.
The property is near Salem State University in Salem, Massachusetts, placing the space within an established residential and educational setting. A buildout allowance is available for qualified tenants, supporting customization for an approved occupancy.
Key Highlights
- Ground‑floor retail or office space within a 250‑unit apartment development
- 2025‑built property at 266 Canal St, Salem, MA 01970
- Storefront windows provide direct street exposure
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM
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
Market
Lease Benchmarks for Salem, MA
$24.82 /SF/Yr
Avg Asking Price
$15–$33 /SF/Yr
Price Range
3,973 SF
Avg Space Size
This space is priced 17% above the average of $24.82 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Street-facing space offers storefront windows and accessibility within a 250-unit apartment development.
Where is this retail space located?
The property is located at 266 Canal St Salem, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail or office space within a 250‑unit apartment development; 2025‑built property at 266 Canal St, Salem, MA 01970; Storefront windows provide direct street exposure
