Hi-Bay Flex
For Lease
$15 SF/Yr NNN
B-207 Highland Ave, Salem, MA 01970
Open commercial space offers clear-span functionality, on-site parking, and flexibility for retail, wholesale, fitness, and other uses.
Space Size8,501 SF
Days on Market428
Property Features for B-207 Highland Ave
General Information
Standard status
Active
Size
8,501 SF
Net Rentable
8,501 SF
Lease Type
NNN
Space & Availability
Available Space
8,501 SF
Contiguous Space
8,501 SF
Available From
Immediate
Additional Details
Road Access
Yes
Clear Span
Yes
Taxes and HOA fees
Annual Taxes
$93,753
Listing Agency:
The Drumlin Group Inc.
(978) 741-3696
Listed By:
Mark Shapiro
(617) 921-3020
Source:
Exprealty
Added: Jul 1, 2025
Changed: Aug 31
Last Checked: Aug 30 at 8:02PM
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.
The rear portion of the building at B-207 Highland Ave. provides 8,501+/- square feet of mostly open, hi-bay flex space with a clear-span layout. The configuration is suitable for retail, wholesale, and fitness operations, with potential conversion for office, medical, educational, or service-related businesses. On-site parking is available.
The property sits on Highland Ave. (Rt. 107) at First St. in Salem, adjacent to Market Basket and Target. Salem Hospital/North Shore Children’s Hospital is approximately one mile away. The space is available under a triple-net lease structure.
The property sits on Highland Ave. (Rt. 107) at First St. in Salem, adjacent to Market Basket and Target. Salem Hospital/North Shore Children’s Hospital is approximately one mile away. The space is available under a triple-net lease structure.
Key Highlights
- 8, 501+/- SF of mostly open hi‑bay, clear‑span space
- Flex layout supports retail, wholesale, and fitness uses
- Potential conversion to office, medical, educational, and service‑related space
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,464
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$17.01 /SF/Yr
Avg Asking Price
$12.78–$36 /SF/Yr
Price Range
10,235 SF
Avg Space Size
This space is priced 12% below the average of $17.01 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Dinner Pleasures — 14 Hersey St, Salem, MA 01970
- Country Club Caterers — Salem, MA 01970
Frequently Asked Questions
What type of property is this?
Flex space - Open commercial space offers clear-span functionality, on-site parking, and flexibility for retail, wholesale, fitness, and other uses.
Where is this flex space located?
The property is located at B-207 Highland Ave Salem, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 8, 501+/- SF of mostly open hi‑bay, clear‑span space; Flex layout supports retail, wholesale, and fitness uses; Potential conversion to office, medical, educational, and service‑related space
