Auto Service Facility with
For Lease
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296 Highland Avenue, Salem, MA 01950
Salem, MA
Space Size4,488 SF
Lot Size12.25 Acres
Days on Market108
Property Features for 296 Highland Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Lot features
Near Shopping, Major Road Frontage
Standard status
Active
Lot size
12.25 Acres
Automotive
Automotive Uses
collision/body shop
Showroom
Yes
Utilities
Water source
Public
Amenities
manager's office
title office
parts and stock rooms
customer waiting area
break room
ADA-compliant restroom
security system
Building Details
Year built
1950
Building materials
Steel Frame
Roof type
Flat, Membrane
Buildings
1
Listing Agency:
Keller Williams Realty Metro-Londonderry
Listed By:
Paula Martin Group
(603) 232-8282
Added: Jul 16
Changed: Oct 23
Last Checked: Oct 31 at 4:06AM
MLS# 5100264
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Investment Insights
Based on property information with market context.
The 4,488-square-foot automotive facility includes 6 service bays, 4 lifts, a showroom, manager’s and title offices, and parts and stock rooms. Customer amenities include a waiting area, break room, and ADA-compliant restroom; a security system is also in place. The building dates to 1950 and has a steel-frame structure with a flat membrane roof.
At 296 Highland Avenue in Salem, the site is served by public water and sits at a signalized intersection. More than 35,000 vehicles pass the location daily, and Walmart, Target, The Home Depot, Planet Fitness, McDonald’s, and Burger King are identified as nearby traffic generators. The reported parcel area is 12.25 acres.
At 296 Highland Avenue in Salem, the site is served by public water and sits at a signalized intersection. More than 35,000 vehicles pass the location daily, and Walmart, Target, The Home Depot, Planet Fitness, McDonald’s, and Burger King are identified as nearby traffic generators. The reported parcel area is 12.25 acres.
Key Highlights
- 4,488 SF automotive facility with 6 service bays and 4 lifts
- Approved for auto body use; zoning is Commercial
- Showroom, manager’s office, title office, parts and stock rooms
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
6
Service bays
35,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$6.02 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
52k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 87%
Shops & Services 8%
Electronics 5%
The Home Depot
Home Improvements & Furnishings
44,873 visits/mo
0.2 miles
T-Mobile
Electronics
2,721 visits/mo
0.1 miles
Pep Boys Auto Parts & Service
Shops & Services
2,432 visits/mo
0.3 miles
AutoZone
Shops & Services
1,558 visits/mo
0.3 miles
Demographics for 01950, MA
18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Highland Ave Auto Body — 455 Highland Ave, Salem, MA 01970
- jays auto tuning — 56 Swampscott Rd, Salem, MA 01970
- Town Fair Tire — 311 Highland Ave, Salem, MA 01970
- Pep Boys — 232 Highland Ave, Salem, MA 01970
- Salem High School Automotive Center — 77 Willson St, Salem, MA 01970
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial zoning and authorization for auto body work support a range of automotive operations.
Where is this auto shop located?
The property is located at 296 Highland Avenue Salem, MA.
What are key features of this property?
This property features: 4,488 SF automotive facility with 6 service bays and 4 lifts; Approved for auto body use; zoning is Commercial; Showroom, manager’s office, title office, parts and stock rooms
