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Property profile & analytics
FOR LEASE
Office buildings

103 Stiles Rd Salem, NH 03079

10,496 SF Built 1988
Entity Owned 4-yr Hold
Property ID
US58-0045613
Property summary
AI-generated overview

103 Stiles Road is a fully renovated, two-story professional office building in Salem's premier Stiles Road office park — 0.2 miles from I-93 Exit 2 and 4 miles from the Massachusetts border. Renovated in 2012 with new windows in 2026, the elevator-serviced building offers 33 parking spaces and a polished, modern image among landscaped grounds. The first floor is fully leased through 2031, and the Center for Life Management (CLM), a non-profit community mental health organization serving Southern NH for over 55 years, occupies a portion of the second floor through March 2027. The remaining second floor suite of 2,067 +/- SF is available for immediate owner-occupancy, with options to expand into an adjacent 600 SF suite or the entire floor as your business grows. The space features a floor-to-ceiling glass conference room, private offices, open areas, and abundant natural light. An owner-user can reduce occupancy costs below market lease rates while building equity in an income-producing asset. SBA 504 financing available with as little as 10% down. Ideal For: Medical/Dental · Environmental & Engineering · Financial Services · Behavioral Health · Technology & Defense Consulting

Property profile
Verified
Property type Office buildings
Year built 1988
Total area 10,496 SF
UPID US58-0045613
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jessica Beaudoin Marriage Or Relationship Counselor
  • Center For Life Management - Salem Crisis Center Medical Clinic
  • Boston Retirement Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Owner & transaction history
103 Stiles LLC · 4 yrs held
103 Stiles LLC
since 2022
2 recorded transactions
2022
$2.0M
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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