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Ground Floor Retail-Ready Office Suite
For Lease
$22 SF/Yr NNN

63-1/2 Jefferson Ave 105, Salem, MA 01970

Ground floor suite with private offices, conference room, kitchenette, reception, two restrooms, and HVAC in a NNN lease.

Space SizeContact for details
Property Size2,000 SF
Days on Market36

Property Features for 63-1/2 Jefferson Ave 105

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $53,171

Building Details

Building Size 2,000 SF
Year Built 1999
Listing Agency: The Drumlin Group Inc.
Listed By: David Hark · License #9010260
Source: Elliman
Added: Jul 9 Changed: Aug 12 Last Checked: Aug 12 at 7:09AM

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 The Drumlin Group Inc.

Investment Insights

Based on property information with market context.

Highly visible ground floor commercial suite on a busy commercial corridor, offered for lease under an NNN structure. The current interior layout includes 5–6 private offices, a conference room, kitchenette, reception area, and two restrooms. The space is equipped with central air and heating and can be adapted for a range of semi-retail, medical/personal care, and service-related uses.

On-site shared parking is available, along with street parking along Jefferson Ave. Signage is available on both the pylon and the facade, supporting storefront visibility for the right operator.

The suite is designed for an office-forward tenant with customer-facing functionality through its reception area and conference room.

Key Highlights

  • 2,000+/- SF ground floor commercial suite on a busy corridor between Downtown Salem, Salem Hospital, and Salem State University
  • Current layout includes 5–6 private offices plus a conference room, kitchenette, reception, and two restrooms
  • Central air and heating already in place for comfortable year‑round use

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store Storage Facility Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,461
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

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 11% above the average of $19.87 /SF/Yr.

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 units - Ground floor suite with private offices, conference room, kitchenette, reception, two restrooms, and HVAC in a NNN lease.
Where is this office units located?
The property is located at 63-1/2 Jefferson Ave 105 Salem, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 2,000+/- SF ground floor commercial suite on a busy corridor between Downtown Salem, Salem Hospital, and Salem State University; Current layout includes 5–6 private offices plus a conference room, kitchenette, reception, and two restrooms; Central air and heating already in place for comfortable year‑round use
More about this property
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