280 Bridge St Salem, MA 01970

This exceptional 1,106 square foot freestanding commercial building presents a unique investment opportunity near the Salem Train Station. Boasting a prime location with high pedestrian and vehicular traffic, this single-tenant property offers significant potential for a variety of uses. Previously occupied as a bait and tackle shop, the building sits on a 0.7-acre lot and requires complete renovation. The North River Canal Corridor (NRCC) zoning allows for a wide range of permitted uses, including artist lofts, studios, galleries, trade schools, various professional offices (legal, accounting, medical, dental), single-family homes, and a variety of retail options such as convenience stores, coffee shops, and more. Uses requiring special permits include music studios, light manufacturing, breweries/distilleries/wineries with tasting rooms, hotels/inns, and restaurants/bars. The seller is open to discussing various lease arrangements or a sale, making this an adaptable property for diverse business ventures. With substantial planned development in the immediate area, this property offers a chance to capitalize on significant future growth. The small on-site parking lot adds convenience. Don't miss this chance to own a piece of Salem's vibrant commercial landscape.