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Freestanding Office Building
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40 Boston Street, Salem, MA 01970

Single-story professional space with private rooms, reception area, basement storage, and prominent signage opportunities.

Property SizeContact for details
Days on Market249

Property Features for 40 Boston Street

General Information

Standard status Active
Property subtype Commercial
Zoning B1

Taxes and HOA fees

Annual Taxes $10,450

Building Details

Year Built 1900
Buildings 1
Stories 1
Listing Agency: Herion Karbunara
Listed By: Chris Bernier
Source: Churchillprop
Added: Dec 29, 2025 Changed: Sep 4 Last Checked: Sep 4 at 3:12AM

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 Herion Karbunara

Investment Insights

Based on property information with market context.

Built in 1900, this single-story freestanding office property at 40 Boston Street includes four private offices, a reception area, one half bath, and one full bath with quality finishes. The interior retains mahogany trim and interior doors from an earlier attorney-office buildout. A full basement provides additional space for storage or other practical uses, while large windows and interior transoms bring natural light into the rooms.

The property sits near the signalized intersection of Boston Street and Bridge Street in Salem, Massachusetts. Its visible setting supports prominent signage, and the existing configuration offers a combination of private work areas, reception space, finished restroom facilities, and basement capacity within a compact professional-office layout.

Key Highlights

  • Four private offices plus reception area
  • One half bath and one full bath with quality finishes
  • Full basement for additional space and storage

Property Analytics

Current Use

Minit-Print, Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nursing Home Garden Center Computer & Electronic Repair Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store

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

1,283
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Single-story professional space with private rooms, reception area, basement storage, and prominent signage opportunities.
Where is this office building located?
The property is located at 40 Boston Street Salem, MA.
What are key features of this property?
This property features: Four private offices plus reception area; One half bath and one full bath with quality finishes; Full basement for additional space and storage
More about this property
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