Third-Floor Walk-Up Office
For Lease
$15 SF/Yr
3-262 Essex St, Salem, MA 01970
Downtown third-floor suite with private offices, open work areas, skylights, and a mezzanine accessed by circular stairs.
Space SizeContact for details
Days on Market577
Property Features for 3-262 Essex St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$11,954
Building Details
Stories
3
Listing Agency:
The Drumlin Group Inc.
(617) 921-3020
Listed By:
Mark Shapiro
(617) 921-3020
Source:
Exprealty
Added: Jan 30, 2025
Changed: Aug 23
Last Checked: Aug 29 at 2:02PM
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.
Available for lease is a 3rd-floor walk-up office suite offering a versatile mix of enclosed and open workspace. The main level includes two private offices, a conference room, open areas suitable for work stations, a reception area, kitchenette, print room, restrooms, and storage, along with IT support space. An upper-level mezzanine is accessible via a circular stairway, adding additional usable space for teams or project work. The interior features exposed brick and beams, a distinctive ceiling line, and skylights that contribute to abundant natural light.
The suite is located in downtown Salem and sits adjacent to a municipal parking lot. Tenants can also walk to commuter rail and nearby civic and commercial destinations, including the county courts and City Hall, as well as restaurants and lodging. Cultural and historic attractions, including the Peabody Essex Museum, are within walking distance.
This layout can work well for professional users seeking a character-forward space with multiple private offices, a dedicated conference room, and flexible open work areas. The presence of reception, restrooms, kitchenette, print room, and storage supports everyday operations, and the mezzanine offers an additional tier for workflows that benefit from separation.
The suite is located in downtown Salem and sits adjacent to a municipal parking lot. Tenants can also walk to commuter rail and nearby civic and commercial destinations, including the county courts and City Hall, as well as restaurants and lodging. Cultural and historic attractions, including the Peabody Essex Museum, are within walking distance.
This layout can work well for professional users seeking a character-forward space with multiple private offices, a dedicated conference room, and flexible open work areas. The presence of reception, restrooms, kitchenette, print room, and storage supports everyday operations, and the mezzanine offers an additional tier for workflows that benefit from separation.
Key Highlights
- 3rd‑floor downtown Salem office suite with a walk‑up layout
- Main level includes two private offices, conference room, open work areas, reception, kitchenette, print room, restrooms, storage, and IT
- Upper‑level mezzanine accessed via a circular stairway
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
942
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
$21.62 /SF/Yr
Avg Asking Price
$15–$29 /SF/Yr
Price Range
33,317 SF
Avg Space Size
This space is priced 31% below the average of $21.62 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Downtown third-floor suite with private offices, open work areas, skylights, and a mezzanine accessed by circular stairs.
Where is this office units located?
The property is located at 3-262 Essex St Salem, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3rd‑floor downtown Salem office suite with a walk‑up layout; Main level includes two private offices, conference room, open work areas, reception, kitchenette, print room, restrooms, storage, and IT; Upper‑level mezzanine accessed via a circular stairway
