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17 Paradise Ave Salem, MA 01970

OFF-MARKET Neighborhood centers Google Maps
48,587 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail property, located at 17 Paradise Ave in Salem, Massachusetts (zip code 01970), offers a prime opportunity for businesses seeking high visibility and foot traffic. The property, classified as a strip center, boasts a total of 48,587 square feet and is currently configured as a single building with multiple suites. Two spaces are immediately available, ranging from a minimum of 3,549 square feet to a maximum contiguous space of 4,745 square feet. A significant portion of the building, totaling 8,294 square feet, is currently vacant, presenting a unique chance to establish a presence in this thriving Essex County market. The property's location in Salem, MA, ensures excellent accessibility and exposure to a diverse customer base. This is an ideal opportunity for retailers seeking a well-maintained, strategically located space in a vibrant community. The property's address is easily accessible via major roadways, providing convenient access for both customers and employees. The available spaces are adaptable and can be configured to meet the specific needs of various businesses. This is a rare opportunity to secure a significant retail presence in a highly desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Neighborhood centers
Total area 48,587 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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