Retail Building in Salisbury,
For Sale
$800,000
34 Bridge Rd, Salisbury, MA 01952
Retail building for sale with ample parking and high traffic.
Property Size3,678 SF
Lot Size2.17 Acres
Price / SF$217.51
Days on Market239
Property Features for 34 Bridge Rd
General Information
Standard status
Active
Size
3,678 SF
Lot size
2.17 Acres
Property subtype
Retail
Building Details
Building Size
3,678 SF
Year Built
1953
Listing Agency:
NAI | Parsons Commercial Group - Boston
Listed By:
Alex Berger · License #9522426
(617) 304-2181
Source:
Naiglobal
Added: Feb 26
Changed: Oct 8
Last Checked: Oct 20 at 5:47PM
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 NAI | Parsons Commercial Group - Boston
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A retail building totaling approximately 3,678 square feet is available for purchase. The one-story building is situated on approximately 2.17 acres of land and includes approximately 60 surface parking spaces. The property is located in a high-traffic retail area off Route 1, near Salisbury Beach and downtown Newburyport.
Key Highlights
- High‑Traffic Retail Area in a desirable location.
- Ample Parking: Benefit from ±60 surface parking spaces.
- Large Lot Size: Approximately 2.17 Acres with expansion potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,431
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,208,620
$1.2M
Cap Rate 7%
$863,300
$863.3K
Cap Rate 9%
$671,456
$671.5K
Market Conditions
NOI Build-Up for 3,678 SF
Gross rent
$88.3K $24.00/SF
− Vacancy
−$1.9K −$0.53/SF
EGI
$86.3K $23.47/SF
− OpEx
−$25.9K −$7.04/SF
NOI
$60.4K $16.43/SF
Area
Essex County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,208,620
Cap Rate 7%
$863,300
Cap Rate 9%
$671,456
Alternative Uses
Best Use
Retail
$863.3K
$755.4K – $1.01M
NOI $60,431 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,415 @ 7.0% cap · market cap 19.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Shops & Services 17%
Dunkin' Donuts
Dining
7,727 visits/mo
0.4 miles
Gulf Oil
Shops & Services
1,566 visits/mo
0.2 miles
Demographics for 01952, MA
9,236
Population
4,981
Households
1.9
Avg Household Size
52
Median Age
44%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
600
Density / Sq Mi
$102,521
Median Household Income
$54,344
Median Earnings
$1,646
Median Rent
$450,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail building for sale with ample parking and high traffic.
Where is this retail space located?
The property is located at 34 Bridge Rd Salisbury, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: High‑Traffic Retail Area in a desirable location.; Ample Parking: Benefit from ±60 surface parking spaces.; Large Lot Size: Approximately 2.17 Acres with expansion potential.
