10 Federal St Salem, MA 01970-3860
Property profile & analytics
10 Federal St, Salem, MA 01970-3860
- Office buildings
- 140,944 SF
- 1.21 lot acres
Property ID
US38-1639702
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Net Atlantic Inc / Marketing & Advertising
- Essex County District Attorney / Law Firm
- Dr. James T. Ryan, DMD / Dental Office
- Ciampan Kim LLP: Desjardins Mary Beth / Dental Office
- Joseph Simons / Law Firm
Property Details for 10 Federal St
- Year built
- 1956
- Construction
- STEEL FRAME
- Lot size
- 1.21 lot acres
- Zone code
- B5
- Property type
- Office buildings
- APN
- SALE M:35 L:0192
- APU
- SALEM35L0192
Description
This exceptional commercial property at 10 Federal Street in the heart of Salem, MA, offers 16,000 square feet of versatile office space available for lease. Situated on a 1.21-acre lot, this building enjoys a highly desirable location, within easy walking distance of the commuter rail station and garage, Essex County Courts, City Hall, Peabody Essex Museum, Pickering Wharf, a wide array of restaurants and shops, hotels, and ample municipal parking. Its central location provides unparalleled access to Salem's rich historical, cultural, and seasonal attractions. The building itself is fully handicap accessible, featuring elevators conveniently located at both ends. On-site parking is provided, with the number of spaces allocated based on the leased area. Recent upgrades include new, modern common men's and women's restrooms on the third floor, and the building boasts extensive window lines providing abundant natural light. The flexible floor plans accommodate a variety of uses, including general office administration, medical practices, and executive suites. Leasing options include utilities, CAM charges, real estate taxes, building insurance, and a basic build-out allowance. Tenants are responsible for their own communications, internet, and office cleaning. Available office space ranges from 3,000 to 11,000 square feet, offering a range of options to suit diverse business needs. The asking price is $18 million.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $18,680,000
Market price range: $18.7M - $67.8M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8939
- Latitude
- 42.5236
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$201,806
$1,071,700
$7,446,900
$8,518,600
-
$0.00
$0.00
$0.00
