280 Bridge St Salem, MA 01970

Property Details for 280 Bridge St

Year built

1900

Construction

FRAME

Lot size

0.06 lot acres

Property size

1,106 SF

Zone code

BP

Property type

Retail space

APN

SALE M:26 L:0039

APU

SALEM26L0039

Description

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.

Location Insight

City

Salem

County

Essex

State

Massachusetts

Longitude

-70.8992

Latitude

42.524

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments