Technical
Financial
Distress signals
Property profile

341 Broadway Salem, NH 03079

OFF-MARKET
Super regional malls
Property ID
US58-0005540
26,254 SF 1.13 ac lot Built 1968
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is an approximately 850+/- square-foot retail/office unit located on the 2nd floor within a multi-unit retail/business center. The center has frontage on Route 28 and is positioned in the Salem, NH shopping district, with convenient access to I-93 via Exit 1 and a short drive on Route 28. The unit is within a Highway Commercial zoning classification that allows uses including retail stores, restaurants, personal service shops, and business & professional offices. Municipal water and sewer services are available.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1968
Construction FRAME
Total area 26,254 SF
Lot 1.13 ac (49,223 SF)
Zoning code CIC
APN SLEM M:136 B:367 L:
UPID US58-0005540

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Restaurant
  • Vocational School Training Center
  • Radio Station Telecommunications Service
  • (Bike/Boat/Book/etc) Store

Location

341 Broadway Salem, NH 03079-4563
Salem metro Census 100401 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2016
2 recorded transactions
2016
$2.0M
2011
$1.3M

Zoning & alternative use

CIC · Salem, NH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 341 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message