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    Property profile & analytics

    114 Salem St Boston, MA 02113

    • Turn key restaurants
    • 812 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Location Intelligence
    Property ID
    US38-1842294
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 114 Salem St

    Year built
    1900
    Construction
    BRICK
    Lot size
    0.01 lot acres
    Property size
    812 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    CBOS W:03 P:01343 S:000
    APU
    CBOSW03P01343S000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0556
    Latitude
    42.3646
    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
    $7,119
    $111,600
    $170,100
    $281,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,700 SF

      25-29 Prince St

      RESTAURANT • 2,700 SF
      25-29 Prince St, Boston, MA 02113
      View Details
    • Value Estimation
      $290,000
      2,048 SF

      71 Salem St

      RESTAURANT • 2,048 SF
      71 Salem St, Boston, MA 02113-2215
      View Details
    • Value Estimation by Request
      3,500 SF

      249-251 Hanover St

      RESTAURANT • 3,500 SF
      249-251 Hanover St, Boston, MA 02113
      View Details
    • Value Estimation
      $1,900,000
      0.00 Acres

      1 Board Aly

      RESTAURANT • 0.00 Acres
      1 Board Aly, Boston, MA 02113
      View Details
    • Value Estimation by Request
      2,850 SF

      212 Hanover St

      RESTAURANT • 2,850 SF
      212 Hanover St, Boston, MA 02113
      View Details
    • Value Estimation by Request
      3,360 SF

      2 Board Aly

      RESTAURANT • 3,360 SF
      2 Board Aly, Boston, MA 02113-2326
      View Details

    Similar Nearby for Sale

    • $5,950,000

      Mixed-Use Property in Historic Firehouse

      Renovated mixed-use property with commercial space and residential units.
      133 Salem St, Boston, MA 02113
      View Details
    • $1,800,000

      Redevelopment Opportunity Near Downtown Boston

      Land with redevelopment potential near downtown Boston and North Station.
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    • $2,750,000
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      North End Multifamily Investment Property

      Revamped 4-unit building in Boston's North End, fully rented.
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    • $2,800,000

      North End Renovated Multifamily Asset

      Impeccably maintained 4-unit property in Boston's North End.
      6 Baldwin Pl, Boston, MA 02113
      View Details

    Similar Nearby for Lease

    • $4,100 /Mo

      Renovated Retail Space in North End

      Recently renovated commercial space suitable for retail or restaurant use.
      158-158A Salem St, Boston, MA 02113
      View Details
    • $7,950 /Mo
      1,580 SF

      North End Retail Opportunity

      Prime retail space available on Salem Street in Boston's North End.
      97-97A Salem St, Boston, MA 02113
      View Details
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    114 Salem St
    Boston, MA 02113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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