Prime Development Land on
42 North Broadway Route 28 Salem, NH
42 North Broadway Route 28, Salem, NH, 00000
Contact for pricing
For Sale
Contact for pricing
1.25-acre development land suitable for retail or office use.
Property Size54,450 SF
Lot Size1.29 Acres
Price / SF$36.73
Days on Market1009
Property Features for 42 North Broadway Route 28
General Information
- Standard status
- Active
- Size
- 54,450 SF
- Lot size
- 1.29 Acres
- Property subtype
- LAND
Listing agency
Shea Commercial Properties
(603) 490-5859
Listed by
Harry Shea · License #004782
(603) 490-5859
Source
Moodyscre
Added: Oct 17, 2023 Updated: Jul 6 at 8:50AM Checked: Jul 21 at 3:08AM
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 Shea Commercial Properties
Investment Insights
Based on property information with market context.
This 1.25-acre (approximately 54,450 square feet) development land is located on North Broadway (Route 28). The site benefits from its convenient access to I-93, Exit 1 and Exit 2. The location and exposure are well-suited for retail or professional office use, particularly businesses that require high visibility and walk-in traffic. Zoned Commercial District "CIB", permitted uses include general retail stores, banks, business and professional offices, restaurants, and personal service shops. The property is also located within the "Depot Village Overlay District," where the Planning Board has the authority to modify underlying zoning restrictions to facilitate development. Mixed-use developments with retail on the first floor and office or residential space above are permitted, subject to additional restrictions. Senior housing is allowed as a mixed-use development with a maximum density of twelve units per acre. Senior housing and assisted living facilities are also permitted at a density of no more than twelve units per acre. Business and professional offices, including medical offices, are allowed up to 15,000 square feet per building. Note that any existing building on the site will be taken down.
Key Highlights
- Prime location on North Broadway (Route 28) with high visibility and walk‑in traffic potential.
- Convenient access to I‑93, Exit 1 and Exit 2.
- Zoned Commercial District "CIB" allowing for a wide range of uses including retail, offices, and restaurants.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Land - 1.25-acre development land suitable for retail or office use.
Where is this land located?
The property is located at 42 North Broadway Route 28 Salem, NH.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime location on North Broadway (Route 28) with high visibility and walk‑in traffic potential.; Convenient access to I‑93, Exit 1 and Exit 2.; Zoned Commercial District "CIB" allowing for a wide range of uses including retail, offices, and restaurants.
