70 Washington St Salem, MA 01970
- Office Properties & Spaces
- 3,164 SF
- 0.42 lot acres
Current Use by Public Records
- Libardoni Financial / Financial Advisor
- Koiles Pratt Family Law Group / Law Firm
- Meyers & Welch - Attorneys at Law / Law Firm
- Law Offices Of Michelle Carnevale & The Law Offices Of James R. Tewhey / Law Firm
- Jennifer Koiles / Law Firm
Property Details for 70 Washington St
- Year built
- 1914
- Construction
- STEEL FRAME
- Lot size
- 0.42 lot acres
- Property size
- 3,164 SF
- Zone code
- B5
- Property type
- Office Properties & Spaces
- APN
- SALE M:35 L:0019 S:805
- APU
- SALEM35L0019S805
Description
This exceptional 135-square-foot coworking office space is situated in the prestigious Masonic Temple Building at 70 Washington Street, Salem, MA 01970. Located in the heart of Downtown Salem, this single-tenant office offers unparalleled convenience with its proximity to an array of restaurants, pubs, coffee shops, and public transportation. The building itself is a landmark, situated across from City Hall and near the new courthouse. This fourth-floor office is part of a larger suite, providing access to shared amenities including a waiting area, a space suitable for an assistant/receptionist, and a large conference room. The building boasts a total of 58,000 square feet across its five stories, constructed in 1915 and renovated in 1983. Two elevators ensure easy access. Utilities are included in the rental price, encompassing electricity, heat, hot water, and air conditioning. The space features fresh carpet and paint, providing a modern and comfortable work environment. The building's address is 70 Washington Street, with Lynde Street as a cross street.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $712,000
- AI Estimate
- $711,000
Market price range: $476k - $1.25MMarket price range: $419k - $1.52M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $910,000 Current use
- COMMERCIAL (GENERAL)
- $875,000 Change: -4% Conversion: Easy
- AUTO REPAIR, GARAGE
- $760,000 Change: -17% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8963
- Latitude
- 42.5222
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA