Technical
Financial
Distress signals
Property profile

450 Broadway Salem, NH 03079

OFF-MARKET
Super regional malls
Property ID
US58-0268186
12,000 SF 1.07 ac lot Built 1981
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is configured for a retail showroom and a separate warehouse/workshop use. The retail portion is located on Route 28 near I-495 and includes frontage with signage, a parking area, and a dedicated retail sales environment. A separate warehouse/workshop space is located off I-93 Exit 2, supporting storage and fabrication activities related to custom home furnishings. The offering includes the interior fixtures, furniture, and equipment associated with the showroom and workshop spaces. The operation specializes in Murphy beds, custom closets, and home office solutions, and the property is set up to support these product categories in both retail display and in-house workspace functions.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,000 SF
Lot 1.07 ac (46,609 SF)
Zoning code CIC
APN SLEM M:144 B:185 L:
UPID US58-0268186

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
  • Discount Store (Bike/Boat/Book/etc) Store
  • Loan Service
  • Pharmacy
  • Nail Salon
  • Furniture & Home Goods Home Decor Store

Location

450 Broadway Salem, NH 03079-4325
Salem metro Census 100302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2015
4 recorded transactions
2025
Price N/A
2015
$1.7M
1998
$1.5M
1969
Price N/A

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
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