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Office Unit with Flexible Layout
New
For Lease
$23 SF/Yr NNN (Triple Net)

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

Ground-floor commercial suite with private offices, meeting space, kitchenette, reception area, and two restrooms.

Space Size2,000 SF
Days on Market4

Property Features for 63-1/2 Jefferson Ave #105

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Zoning I, Legal Conforming
Lease Type NNN

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Floor Ground Floor
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $53,171

Amenities

central air and heating
signage

Building Details

Building Size 2,000 SF
Year Built 1999
Listing Agency: The Drumlin Group Inc.
Listed By: Mark Shapiro
Source: Housatonicrealestate
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 11 at 1:21PM

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.

This ground-floor office unit provides 2,000+/- sq. ft. of commercial space with a layout that includes 5-6 private offices, a conference room, kitchenette, reception area, and two restrooms. Central air and heating support the existing configuration, which is suited to office, medical, personal care, and service-related operations. The property was built in 1999 and carries I, Legal Conforming zoning.

Positioned along Jefferson Ave between Downtown Salem, Salem Hospital, and Salem State University, the space is located on a busy commercial corridor. Shared onsite parking and street parking along Jefferson Ave serve the property. Signage is available on both the pylon and building facade. The lease structure is NNN.

Key Highlights

  • 2,000+/- sq. ft. of ground‑floor commercial space
  • 5‑6 private offices, conference room, kitchenette, reception, and two restrooms
  • Central air and heating

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 16% 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-floor commercial suite with private offices, meeting space, kitchenette, reception area, and two restrooms.
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 $23 SF/Yr.
What are key features of this property?
This property features: 2,000+/- sq. ft. of ground‑floor commercial space; 5‑6 private offices, conference room, kitchenette, reception, and two restrooms; Central air and heating
More about this property
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