Restaurant

Salem, MA Restaurants for Lease

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Flex Space with Commercial Kitchen
Updated: Jul 22
Flex Space with Commercial Kitchen

197 Fort Ave Unit 5, Salem, MA 01970

$4,800/Mo
4,506 sqft
4,506 SF total, including 3,225 SF of insulated warehouse/distribution space and 1,281 SF of commercial kitchen
Commercial kitchen with two hoods, a walk‑in, wash stations, and prep space
Two concession windows front directly on the Salem Willows
Dedicated parking plus public parking availability
B2 zoning; only by‑right and religious uses will be considered
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Restaurant Space in Grocery-Anchored Center
Updated: Sep 29
Restaurant Space in Grocery-Anchored Center

125 Canal St, Salem, MA 01970

$28 SF/Yr
1,300 sqft
1,300‑square‑foot restaurant space
B4 zoning
Food‑use options include pizza and ice cream
Plaza tenants include Crosby’s Marketplace, Subway and Marblehead Bank
On‑site parking and a large pylon sign
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Second-Generation Restaurant Space
Second-Generation Restaurant Space

278 Derby St, Salem, MA 01970

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1,875 sqft

Existing café and restaurant improvements are positioned near downtown dining, retail, and visitor destinations.

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Second-Generation Restaurant Space
Second-Generation Restaurant Space

282 Derby Street, Salem, MA 01970

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1,875 sqft

Café/restaurant premises positioned near waterfront dining, retail, and visitor destinations.

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Single-Tenant Retail Restaurant Building
Single-Tenant Retail Restaurant Building

100-102 Boston St, Salem, MA 01970

$33 SF/Yr
2,342 sqft 0.39 AC lot

NNN single-tenant retail/restaurant building with lit marquee signage, two curb cuts, and options for existing equipment.

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Historic Brick Double-High Space
Historic Brick Double-High Space

300 Derby St, Salem, MA 01970

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11,456 sqft

Multi-level retail, restaurant, and office layout with double-high ceilings, historic brick-and-beam character, and patio space.

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Built-Out Restaurant Space with Kitchen
Built-Out Restaurant Space with Kitchen

221 Washington St, Salem, MA 01970

$27 SF/Yr

Five-years-old furnished restaurant space with a commercial kitchen, main dining room, bar, and outdoor patio seating.

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Salem Restaurant Space For Lease
Salem Restaurant Space For Lease

331 Lafayette St, Salem, MA 01970

$26 SF/Yr

Second generation restaurant space in Salem with on-site parking.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 8 Active listings in Salem, MA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 8 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Conventional Restaurant with Commercial Kitchen
Conventional Restaurant with Commercial Kitchen

61 Franklin St, Lynn, MA 01902

$2,800/Mo
742 sqft

Freestanding, single-story space with restaurant infrastructure, updated building systems, B2 zoning, and an NNN lease structure.

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New Retail & Restaurant Space
New Retail & Restaurant Space

75 Baldwin St, Lynn, MA

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548 sqft 0.89 AC lot

New construction retail and restaurant spaces available for immediate occupancy.

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Retail/Restaurant Space for Lease
Retail/Restaurant Space for Lease

180 Main Street, Saugus, MA 01906

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Outparcel retail/restaurant space with Route 1 visibility and pylon signage.

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Commercial Pad Site with Drive-Through
Commercial Pad Site with Drive-Through

24 Bennett Hwy, Saugus, MA 01906

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0.91 AC lot

Ground lease or built-to-suit options accommodate restaurant, medical, and automotive uses.

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Similar Spaces for Sale in Salem, MA

Consider Similar Space for Sale. We found 8 Spaces matching your search parameters.

Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

13 Central Street, Salem, MA 01970

$1,899,000
6,442 sqft

Three-story mixed-use building with a ground-floor restaurant and residential apartments above.

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Furnished Restaurant with Wraparound Bar
Furnished Restaurant with Wraparound Bar

221 Washington St, Salem, MA 01970

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7,026 sqft

Fully built-out dining property with commercial kitchen, outdoor patio, and flexible private-function space.

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Historic District Restaurant
Historic District Restaurant

282 Derby Street, Salem, MA 01970

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1,875 sqft

The second-generation café and restaurant property is located in Salem’s Derby Street Historic District.

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Restaurant Space in Grocery-Anchored Plaza
Restaurant Space in Grocery-Anchored Plaza

125 Canal St, Salem, MA 01970

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1,300 sqft

The space is positioned in a shopping center with on-site parking and a shared pylon sign.

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Open-Plan Retail Space
Open-Plan Retail Space

57 Loring Ave, Salem, MA 01970

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44,500 sqft

Flexible commercial space with grade-level access, facade and pylon signage, and ample parking along a busy roadway.

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Single-Tenant Retail Restaurant with Marquee
Single-Tenant Retail Restaurant with Marquee

100-102 Boston St, Salem, MA 01970

Contact for pricing
2,342 sqft 0.39 AC lot

Single-tenant building on an NNN basis with two curb cuts and two-way lit marquee signage, featuring existing restaurant equipment.

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Turnkey Pizza Restaurant
Turnkey Pizza Restaurant

134 North Street, Salem, MA 01970

$80,000

Turnkey Italian-style pizza shop with a fully equipped interior and ample parking for dine-in and takeout service.

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High-Visibility Commercial Space in Salem
High-Visibility Commercial Space in Salem

97 Bridge Street, Salem, MA 01970

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Commercial space in Salem near downtown and commuter rail.

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Salem, MA Restaurants Lease Rates & Market Statistics

Explore 8 Restaurants for lease in Salem, MA on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 23,354 square feet of properties.

Asking lease rates for Restaurants in Salem start at $12.78 SF/Yr, average $25.36 SF/Yr, and reach $33 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $25.36 SF/Yr is 32% below the Massachusetts state average of $37.05 SF/Yr.

Salem accounts for 24% of the 34 restaurants currently available across Essex County, where nearby markets include Lawrence and North Andover.

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