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    Salem, MA Office Buildings for Sale

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    Renovated Freestanding Office Building
    Updated: Aug 23
    Renovated Freestanding Office Building

    8 Essex Street, Salem, MA 01970

    $749,000
    1,428 sqft
    1,428 SF freestanding office building
    3 private offices or rooms plus reception, task, and shared workspace
    Renovated to the studs in 2006
    200‑amp electrical service with upgraded wall and roof insulation
    Central air, furnace, and hot water heater replaced in 2021
    View details
    Salem Office Building For Sale
    Updated: Feb 12
    Salem Office Building For Sale

    265 Essex St, Salem, MA 01970

    Contact for pricing
    14,176 sqft
    Prominent ±14,176 RSF Class B office building in downtown Salem, MA.
    Strategically located off Route 114, with close proximity to Route 128 and Interstate 95.
    High foot traffic location along Salem's most active corridor.
    Close proximity to popular Salem destinations.
    Durable income potential.
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    Freestanding Office Building
    Freestanding Office Building

    40 Boston Street, Salem, MA 01970

    Contact for pricing

    Single-story professional space with private rooms, reception area, basement storage, and prominent signage opportunities.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 46 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic 3-Story Office Building
    Historic 3-Story Office Building

    7 Foster Street, Wakefield, MA 01880

    $799,000
    4,388 sqft

    Distinctive building with open space on each floor, updated interiors, and added attic and walk-out basement storage.

    View details
    Two-Level Professional Office Building
    Two-Level Professional Office Building

    160 Sylvan St, Danvers, MA 01923

    Contact for pricing
    2,334 sqft 0.46 AC lot

    Character-rich workspace with flexible offices, updated building systems, and convenient access to regional transportation.

    View details
    Renovated Office Building
    Renovated Office Building

    45 Albion, Wakefield, MA 01880

    $1,099,000

    Flexible office property with private rooms, conference space, dedicated parking, and recent building-wide improvements.

    View details
    Four-Unit Mixed-Use Building
    Four-Unit Mixed-Use Building

    15 Cherry St, Danvers, MA 01923

    Contact for pricing
    4,645 sqft

    Four total units combine two first-floor commercial spaces with two residential apartments above.

    View details

    Off-Market Properties in Salem, MA

    Consider similar Off-Market properties in Salem, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    26 Lynde St
    OFFICE BUILDING

    26 Lynde St, Salem, MA 01970-3404

    Estimated value:
    $365,000
    3,989 sqft 0.10 AC lot
    View details
    167 Boston St
    OFFICE BUILDING

    167 Boston St, Salem, MA 01970-1430

    Estimated value:
    $575,000
    2,834 sqft 0.16 AC lot
    View details
    193 Jefferson Ave
    OFFICE BUILDING

    193 Jefferson Ave, Salem, MA 01970-2958

    Estimated value:
    $675,000
    2,248 sqft 0.70 AC lot
    View details
    560 Loring Ave
    OFFICE BUILDING

    560 Loring Ave, Salem, MA 01970-4236

    Estimated value:
    $650,000
    2,076 sqft 0.11 AC lot
    View details
    87 Margin St
    OFFICE BUILDING

    87 Margin St, Salem, MA 01970-3311

    Estimated value:
    $670,000
    6,364 sqft 0.60 AC lot
    View details
    165 Boston St
    OFFICE BUILDING

    165 Boston St, Salem, MA 01970-1430

    Estimated value:
    $475,000
    2,400 sqft 0.04 AC lot
    View details
    176 Nn St
    OFFICE BUILDING

    176 Nn St, Salem, MA 01970-1648

    Estimated value:
    $950,000
    4,522 sqft 0.26 AC lot
    View details
    256 Essex St
    OFFICE BUILDING

    256 Essex St, Salem, MA 01970-3434

    Estimated value:
    $255,000
    6,674 sqft 0.13 AC lot
    View details
    124 Derby St
    OFFICE BUILDING

    124 Derby St, Salem, MA 01970-5645

    Estimated value:
    $385,000
    702 sqft 0.02 AC lot
    View details
    20 Commercial St
    OFFICE BUILDING

    20 Commercial St, Salem, MA 01970-3917

    Estimated value:
    $760,000
    5,056 sqft 0.44 AC lot
    View details
    120 Canal St
    OFFICE BUILDING

    120 Canal St, Salem, MA 01970-4651

    Estimated value:
    $505,000
    6,359 sqft 0.56 AC lot
    View details
    2 Tulip St
    OFFICE BUILDING

    2 Tulip St, Salem, MA 01970-4530

    Estimated value:
    $160,000
    1,920 sqft 0.30 AC lot
    View details
    564 Loring Ave
    OFFICE BUILDING

    564 Loring Ave, Salem, MA 01970-4276

    Estimated value:
    $645,000
    2,496 sqft 0.11 AC lot
    View details
    18 Hawthorne Blvd
    OFFICE BUILDING

    18 Hawthorne Blvd, Salem, MA 01970-4094

    Estimated value:
    $915,000
    4,056 sqft 0.12 AC lot
    View details
    60 Washington St
    OFFICE BUILDING

    60 Washington St, Salem, MA 01970-3515

    Estimated value:
    $1,605,000
    13,856 sqft 0.08 AC lot
    View details
    291 Jefferson Ave
    OFFICE BUILDING

    291 Jefferson Ave, Salem, MA 01970-2834

    Estimated value:
    $350,000
    2,755 sqft 0.12 AC lot
    View details
    287-291 Lafayette St
    OFFICE BUILDING

    287-291 Lafayette St, Salem, MA 01970

    Estimated value:
    $4,550,000
    20,474 sqft 0.59 AC lot
    View details
    30 Federal St
    OFFICE BUILDING

    30 Federal St, Salem, MA 01970-3869

    Estimated value:
    $380,000
    5,778 sqft 0.14 AC lot
    View details
    92 Jackson St
    OFFICE BUILDING

    92 Jackson St, Salem, MA 01970-3068

    Estimated value:
    $490,000
    9,200 sqft 0.19 AC lot
    View details
    4 Lynde St
    OFFICE BUILDING

    4 Lynde St, Salem, MA 01970

    Estimated value:
    $1,845,000
    6,408 sqft 0.10 AC lot
    View details
    66 Loring Ave
    OFFICE BUILDING

    66 Loring Ave, Salem, MA 01970-4538

    Estimated value:
    $355,000
    2,734 sqft 0.11 AC lot
    View details

    Salem, MA Office Buildings Market Trends and Statistics

    Explore 49 office buildings for sale in Salem, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,604 square feet of properties for sale, with an estimated market value of $749,000.

    Sale prices for office properties in Salem, MA average $749,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 27
    Medical Office Space 5
    Office buildings 5

    Demographics Overview

    Population 44K
    Population Growth (5Y) +2.2%
    Median Household Income $85,189
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01970 $249.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $33.59 per SF
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 5,000 to 10,000 square foot range.

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