Auto Body Facility Redevelopment
For Sale
Contact for pricing
296 Highland Ave, Salem, MA 01970
Approved for auto body use and includes an automotive facility with six service bays plus additional redevelopment land.
Property Size4,488 SF
Price / SF$667.34
Days on Market89
Property Features for 296 Highland Ave
General Information
Standard status
Active
Size
4,488 SF
Property subtype
RETAIL
Additional Details
Business Included
No
Traffic Count
35,000 vehicles/day
Service Bays
6
Listing Agency:
KW Commercial, NH
(603) 770-5199
Listed By:
Douglas C Martin · License #065638
(603) 770-5199
Source:
Moodyscre
Added: May 12
Changed: Aug 8
Last Checked: Jul 27 at 7:11AM
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 KW Commercial, NH
Investment Insights
Based on property information with market context.
The offering includes two commercial parcels developed with an automotive facility and additional land for future development. The primary site features a 4,488 SF automotive facility with six service bays, four lifts, showroom space, a manager’s office, title office, parts and stock rooms, a customer waiting area, a break room, an ADA-compliant restroom, and a security system. The property is approved for auto body use.
The second parcel includes a small residential structure located on commercially zoned land, creating redevelopment opportunities for additional parking, expanded commercial use, or potential multifamily development of up to five residential units. The parcels are described as having more than 200 feet of frontage and are positioned along a busy Highland Avenue retail corridor, with a signalized intersection stopping traffic directly in front of the property and more than 35,000 vehicles passing the site per day. Nearby traffic generators and national retailers referenced in the remarks include Walmart, Target, The Home Depot, Planet Fitness, McDonald’s, and Burger King.
The second parcel includes a small residential structure located on commercially zoned land, creating redevelopment opportunities for additional parking, expanded commercial use, or potential multifamily development of up to five residential units. The parcels are described as having more than 200 feet of frontage and are positioned along a busy Highland Avenue retail corridor, with a signalized intersection stopping traffic directly in front of the property and more than 35,000 vehicles passing the site per day. Nearby traffic generators and national retailers referenced in the remarks include Walmart, Target, The Home Depot, Planet Fitness, McDonald’s, and Burger King.
Key Highlights
- Approved for AUTO BODY use, suited for auto sales, service, repair, or collision operations
- 4,488 SF automotive facility with 6 service bays, 4 lifts, showroom, manager’s office, title office, parts/stock rooms, and customer waiting area
- Facility includes an ADA‑compliant restroom and a security system
Property Analytics
Current Use
Lease Details
6
Service bays
35,000 VPD
Traffic count
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 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
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Town Fair Tire — 311 Highland Ave, Salem, MA 01970
- Highland Ave Auto Body — 455 Highland Ave, Salem, MA 01970
- Pep Boys — 232 Highland Ave, Salem, MA 01970
- jays auto tuning — 56 Swampscott Rd, 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 - Approved for auto body use and includes an automotive facility with six service bays plus additional redevelopment land.
Where is this auto shop located?
The property is located at 296 Highland Ave Salem, MA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Approved for AUTO BODY use, suited for auto sales, service, repair, or collision operations; 4,488 SF automotive facility with 6 service bays, 4 lifts, showroom, manager’s office, title office, parts/stock rooms, and customer waiting area; Facility includes an ADA‑compliant restroom and a security system
