Waterfront Business Center in
For Lease
$18 SF/Yr
47 Congress St, Salem, MA 01970
Premier office spaces with ocean views, minutes from Boston.
Space SizeContact for details
Lot Size29.12 Acres
Days on Market159
Property Features for 47 Congress St
General Information
Standard status
Active
Lot size
29.12 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,523,567
Building Details
Year Built
1900
Listing Agency:
Nordlund Associates
(978) 762-0500
Listed By:
Kevin Olson · License #9515067-RE-S
(978) 762-0500
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 12 at 8:16AM
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 Nordlund Associates
Investment Insights
Based on property information with market context.
Shetland Park is a waterfront business center located in Salem, Massachusetts, offering workspaces with ocean views and access to the city's historic and entertainment district. Situated minutes north of Boston, the 29-acre campus provides spaces ranging from 1,000 to 100,000 square feet. The property features modern, move-in-ready spaces and built-to-suit options.
Key Highlights
- Premier waterfront location with ocean views
- Wide range of available space: 1,000 to 100,000 sf
- Easy access to Salem's historic and entertainment district
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,311
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
Market
Lease Benchmarks for Salem, MA
$19.87 /SF/Yr
Avg Asking Price
$15–$29 /SF/Yr
Price Range
21,416 SF
Avg Space Size
This space is priced 9% below the average of $19.87 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Premier office spaces with ocean views, minutes from Boston.
Where is this office units located?
The property is located at 47 Congress St Salem, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Premier waterfront location with ocean views; Wide range of available space: 1,000 to 100,000 sf; Easy access to Salem's historic and entertainment district
