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Open-Plan Retail Space
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57 Loring Ave, Salem, MA 01970

Flexible commercial space with grade-level access, facade and pylon signage, and ample parking along a busy roadway.

Property Size44,500 SF
Price / SF$0.00
Days on Market9

Property Features for 57 Loring Ave

General Information

Standard status Active
Size 44,500 SF
Property subtype Commercial
Zoning R1
Lease Type NNN

Site & Location

Pylon Signage Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $30,356

Amenities

signage

Building Details

Building Size 44,500 SF
Year Built 1984
Listing Agency: Unicorn Realty
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 7:39AM

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 Unicorn Realty

Investment Insights

Based on property information with market context.

This 44,500-square-foot retail property features an open interior reached through at-grade entry doors. The space is positioned for retail, restaurant, office, fitness, physical therapy, or medical use, with facade and pylon signage available. The property is zoned R1 and includes ample parking.

Located on Loring Ave in Salem, the building fronts a busy roadway within a neighborhood adding over 750 apartment units. The owner plans to install a new HVAC system and complete exterior renovations, providing additional planned improvements to the property.

Key Highlights

  • 44,500‑square‑foot retail property
  • At‑grade entry doors open to a spacious interior
  • Potential uses include retail, restaurant, office, fitness, physical therapy, and medical

Property Analytics

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Current Use

Salem State University ... University Jaho Coffee Roaster ... Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Bakery Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

526
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space with grade-level access, facade and pylon signage, and ample parking along a busy roadway.
Where is this retail space located?
The property is located at 57 Loring Ave Salem, MA.
What are key features of this property?
This property features: 44,500‑square‑foot retail property; At‑grade entry doors open to a spacious interior; Potential uses include retail, restaurant, office, fitness, physical therapy, and medical
More about this property
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