Second-Generation Restaurant
282 Derby Street, Salem, MA 01970
For Lease
Contact for pricing
Café/restaurant premises positioned near waterfront dining, retail, and visitor destinations.
Space Size1,875 SF
Property Size30,958 SF
Days on Market52
Property Features for 282 Derby Street
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Space Use
Building Details
Building Size
Spaces For Lease
at 282 Derby Street
282 Derby St
Size
1,875 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Boston Realty Advisors
Listed By:
Harrison Demeritt · License #RE-B9585754
(617) 223-1486
Source:
Bradvisors
Added: Sep 19
Changed: Nov 5
Last Checked: Nov 8 at 2:48AM
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 Boston Realty Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,875 SF second-generation café/restaurant space is located at 282 Derby Street in Salem. The premises are positioned near Pickering Wharf and Salem’s waterfront, with an existing restaurant-oriented layout suitable for continued food-service use.
The property has access to the Salem MBTA Station and the 315-space South Harbor Garage. Nearby dining, retail, visitor destinations, and established and recently delivered residential development contribute to pedestrian activity around the site.
The property has access to the Salem MBTA Station and the 315-space South Harbor Garage. Nearby dining, retail, visitor destinations, and established and recently delivered residential development contribute to pedestrian activity around the site.
Key Highlights
- 1,875 SF second‑generation café/restaurant space
- Near Pickering Wharf and Salem’s waterfront
- Access to Salem MBTA Station
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,710
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
$497,500
Median Home Value
Market
Average Price Trend$/SF/Yr for Conventional restaurants in Essex County, MA
Properties on Market for Conventional restaurants in Essex County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Café/restaurant premises positioned near waterfront dining, retail, and visitor destinations.
Where is this conventional restaurant located?
The property is located at 282 Derby Street Salem, MA.
What are key features of this property?
This property features: 1,875 SF second‑generation café/restaurant space; Near Pickering Wharf and Salem’s waterfront; Access to Salem MBTA Station
