Listing Agency: Drumlin Group Inc i***@drumlingroup.com Show Phone

Listed By: David Hark · License #9010260

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:52AM

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Investment Insights

Based on property information with market context.

This commercial land parcel occupies a corner location at 342 Highland Ave in Salem, Massachusetts, along Route 107. The property is positioned near Market Basket, Target, Home Depot, and other retailers, with North Shore Medical Center also nearby.

Zoning permits many uses by right. Environmental reporting has been completed and will be provided to the successful bidder.

Key Highlights

• Corner commercial land parcel on Route 107
• Near Market Basket, Target, and Home Depot
• Close to North Shore Medical Center

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

397

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Corner positioning along Route 107 places the parcel near established retail and medical destinations.

Where is this commercial land located?

The property is located at 342 Highland Ave Salem, MA.

What are key features of this property?

This property features: Corner commercial land parcel on Route 107; Near Market Basket, Target, and Home Depot; Close to North Shore Medical Center