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Waterfront Office Campus
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47 Congress St, Salem, MA 01970

Waterfront business center offering modern office space and ocean-side views across a 29-acre campus.

Property Size100,000 SF
Lot Size29.00 Acres
Price / SF$0.00
Days on Market327

Property Features for 47 Congress St

General Information

Standard status Active
Size 100,000 SF
Lot size 29.00 Acres
Property subtype Commercial
Zoning I
Lease Type Gross

Taxes and HOA fees

Annual Taxes $1,523,567

Building Details

Year Built 1900
Listing Agency: Bay Market Real Estate
Listed By: Chris Bernier
Source: Churchillprop
Added: Oct 15, 2025 Changed: Sep 5 Last Checked: Sep 5 at 4:42AM

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 Bay Market Real Estate

Investment Insights

Based on property information with market context.

Shetland Park is a waterfront office business center with workspaces designed to take advantage of ocean-side views. The campus includes modern, move-in-ready office options as well as built-to-suit opportunities.

Available spaces range from 1,000 to 100,000 square feet, supporting a variety of office requirements. The property is located at 47 Congress St in Salem, and is described as having easy access to the city’s historic and entertainment district, only minutes north of Boston.

As a larger 29-acre campus, Shetland Park is positioned to accommodate multiple office configurations within a single waterfront setting.

Key Highlights

  • Waterfront business center with ocean‑side views across a 29‑acre campus
  • Available office spaces range from 1,000 to 100,000 SF
  • Modern, move‑in‑ready office spaces available

Property Analytics

Current Use

Eliza Henley Physician Dr. Yenilda Garcia ... Dental Office Coinhub Bitcoin ATM ... Atm Margaret Biggins Physician Dr. Jay Pandey, ... Pediatrician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Real Estate Agency Pharmacy HVAC Service

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

2,218
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 - Waterfront business center offering modern office space and ocean-side views across a 29-acre campus.
Where is this office building located?
The property is located at 47 Congress St Salem, MA.
What are key features of this property?
This property features: Waterfront business center with ocean‑side views across a 29‑acre campus; Available office spaces range from 1,000 to 100,000 SF; Modern, move‑in‑ready office spaces available
More about this property
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