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Auto Shop with 6 Service Bays
For Lease
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296 Highland Avenue, Salem, MA 01950

Salem, MA

Space Size4,488 SF
Lot Size12.25 Acres
Days on Market62

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

Utilities

Water source Public

Amenities

showroom space
manager's office
title office
parts and stock rooms
customer waiting area
break room
ADA-compliant restroom
security system
lifts

Building Details

Year built 1950
Building materials Steel Frame
Roof type Flat, Membrane
Listing Agency: Keller Williams Realty Metro-Londonderry
Listed By: Paula Martin Group
Added: Jul 16 Changed: Sep 12 Last Checked: Sep 15 at 5:06PM
MLS# 5100264

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 4,488 SF automotive facility includes six service bays, four lifts, showroom space, manager and title offices, parts and stock rooms, a customer waiting area, break room, ADA-compliant restroom, and security system. The steel-frame building was constructed in 1950 and has a flat membrane roof with public water service. Commercial zoning and approval for auto body use are in place.

Located on Highland Avenue in Salem, the property sits beside national retailers and traffic generators including Walmart, Target, The Home Depot, Planet Fitness, McDonald's, and Burger King. A signalized intersection is positioned in front of the site, with reported traffic exceeding 35,000 vehicles per day.

Key Highlights

  • 4,488 SF automotive facility with 6 service bays
  • 4 lifts, showroom, offices, parts and stock rooms
  • Approved for AUTO BODY USE

Property Analytics

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Current Use

CarFive Car Dealership Clayton Company General Contractor

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Service bays
35,000 VPD
Traffic count
Yes
Paved road access
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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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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 auto body approval support automotive sales, service, repair, and collision 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; 4 lifts, showroom, offices, parts and stock rooms; Approved for AUTO BODY USE
More about this property
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