High-Traffic Commercial Property For
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191 Elm Street, Salisbury, MA 01952
98% leased commercial property with professional tenants and ample parking.
Property Size13,700 SF
Price / SF$191.61
Days on Market1368
Property Features for 191 Elm Street
General Information
Standard status
Active
Size
13,700 SF
Class
A
Total Parking Spaces
20
Property subtype
Office
Zoning
C
Occupancy
73%
Lease Type
Gross
Investment Type
Stabilized
Net Operating Income
$171,800
Building Details
Tenancy
Multi
Listing Agency:
The North Shore Realty Group
(978) 255-4735
Listed By:
Frank Bertolino · License #MA 9510258
Source:
Crexi
Added: Nov 21, 2022
Changed: Aug 8
Last Checked: Aug 20 at 4:36AM
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 North Shore Realty Group
Investment Insights
Based on property information with market context.
This commercial property is 98% leased and features professional tenants. The location benefits from high traffic and offers significant upside potential. There are 20 dedicated parking spaces, with additional parking available. The property is surrounded by multiple businesses and a sports club/exercise venue. It is located close to Route 95 and Route 495, the New Hampshire line, beaches, and historic Newburyport. According to public record, the property size is 13,700 square feet. Rented and available space are estimated and have not been measured.
Key Highlights
- 98% Leased, providing immediate income.
- All Professional Tenants ensure a stable and reliable rental history.
- 20 Dedicated Parking Spaces with Additional Parking available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 01952, MA
9,236
Population
4,981
Households
1.9
Avg Household Size
52
Median Age
44%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
600
Density / Sq Mi
$102,521
Median Household Income
$54,344
Median Earnings
$1,646
Median Rent
$450,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 98% leased commercial property with professional tenants and ample parking.
Where is this office building located?
The property is located at 191 Elm Street Salisbury, MA.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: 98% Leased, providing immediate income.; All Professional Tenants ensure a stable and reliable rental history.; 20 Dedicated Parking Spaces with Additional Parking available.
