Retail Building in Salisbury,
34 Bridge Rd Salisbury, MA 01952
34 Bridge Rd, Salisbury, MA, 01952
$800,000
For Sale
$800,000
Retail building for sale with ample parking and high traffic.
Property Size3,678 SF
Lot Size2.17 Acres
Price / SF$217.51
Days on Market146
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
- Year Built
- 1953
Listing agency
NAI Parsons Commercial Group Boston
(617) 304-2181
Listed by
Alex Berger · License #9522426
(617) 304-2181
Source
Naiglobal
Added: Feb 26 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 8:22AM
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
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.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.3k | $24.00 |
| − Vacancy | −$1.9k | −$0.53 |
| EGI | $86.3k | $23.47 |
| − OpEx | −$25.9k | −$7.04 |
| NOI | $60.4k | $16.43 |
3,678 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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.
