Waterfront Office Building
For Lease
$18 SF/Yr
47 Congress St, Salem, MA 01970
A 29-acre waterfront office campus offering modern, move-in-ready workspaces and built-to-suit options.
Space SizeContact for details
Lot Size29.00 Acres
Days on Market333
Property Features for 47 Congress St
General Information
Standard status
Active
Total Parking Spaces
1
Lot size
29.00 Acres
Zoning
I
Taxes and HOA fees
Annual Taxes
$1,523,568
Building Details
Year Built
1900
Listing Agency:
Nordlund Associates
(978) 762-0500
Listed By:
Chris Everest · License #053563
Source:
Insightrealtygroup
Added: Oct 2, 2025
Changed: Aug 23
Last Checked: Aug 29 at 5:47AM
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 built around uniquely designed workspaces with ocean-side views. Available for lease in a range of space sizes, it offers modern, move-in-ready options along with built-to-suit possibilities to support different office needs.
The campus provides easy access to Salem’s historic and entertainment district, and is located only minutes north of Boston. With a broad range of available space sizes across the 29-acre campus, Shetland Park is positioned for tenants looking for a large, campus-style office environment with water-facing scenery.
The campus provides easy access to Salem’s historic and entertainment district, and is located only minutes north of Boston. With a broad range of available space sizes across the 29-acre campus, Shetland Park is positioned for tenants looking for a large, campus-style office environment with water-facing scenery.
Key Highlights
- 29‑acre waterfront office campus in Shetland Park with ocean‑side views
- Workspaces range from 1,000 to 100,000 SF
- Modern, move‑in‑ready workspaces available
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
2,218
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
$21.62 /SF/Yr
Avg Asking Price
$15–$29 /SF/Yr
Price Range
33,317 SF
Avg Space Size
This space is priced 17% below the average of $21.62 /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 - A 29-acre waterfront office campus offering modern, move-in-ready workspaces and built-to-suit options.
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: 29‑acre waterfront office campus in Shetland Park with ocean‑side views; Workspaces range from 1,000 to 100,000 SF; Modern, move‑in‑ready workspaces available
