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    369 S Broadway Salem, NH 03079
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    Property profile & analytics

    369 S Broadway, Salem, NH 03079

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    • Super regional malls
    • 18,624 SF
    • 1.54 lot acres
    Prime Retail Center on Route 28 For Sale
    $3,190,000
    18,000 SF

    Prime Retail Center on Route 28

    Multi-tenant retail center with value-add opportunity in Salem, NH.

    369 S Broadway, Salem, NH 3079
    View Listing
    Property ID
    US58-0298312
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AMAZING Intimate Essentials / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store
    • Shaking seafood / Restaurant
    • Gateway City Tattoo / Tattoo & Piercing Shop
    • PROSOUND / Electronics & Wireless Store / Auto Parts Store
    • Mayhem Tattoo / Tattoo & Piercing Shop

    Property Details for 369 S Broadway

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.54 lot acres
    Zone code
    CIC
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    SLEM M:136 B:372 L:
    APU
    SLEMM136B372L

    Description

    This exceptional 22,000 square foot single-tenant retail and office building, situated on a 1.54-acre lot in Salem, NH, presents a unique investment opportunity. Boasting a highly visible location on busy Route 28 (South Broadway), this property offers unparalleled access and exposure. Less than a mile from the Massachusetts border, near the intersection of Route 213 and I-93 exit 1, it benefits from exceptional traffic flow and convenient access to major transportation arteries. The building, constructed in 1987, features a single story with a 14-foot ceiling height, providing ample space and flexibility for a variety of uses. Currently occupied by an axe throwing and archery business, the 4,300 square feet of vacant space will be available January 2025. The property includes 35 total parking spaces, a significant asset for both employees and customers. The building has recently undergone updates, ensuring modern functionality and appeal. The property is zoned CIC, offering a range of potential uses. Annual property taxes are $2.02 per square foot. This is an ideal location for businesses seeking high visibility and convenient access to a large customer base. Don't miss this chance to secure a prime commercial property in a thriving market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,430,000
      ML approach
      $3,565,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,815,000
      COMMERCIAL (GENERAL)
      $2,585,000
      AUTO REPAIR, GARAGE
      $2,320,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2053
    Latitude
    42.7518
    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
    2023
    $37,644
    $1,068,200
    $1,151,400
    $2,219,600
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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