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    Salem, MA
    Retail

    Salem, MA Retail Properties & Spaces for Sale

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    Peabody, MA Beverly, MA Marblehead, MA Danvers, MA Lynn, MA Swampscott, MA Lynnfield, MA Wenham, MA
    Retail Building Near Salem T
    Updated: Apr 25
    Retail Building Near Salem T

    280 Bridge St, Salem, MA 01970

    $299,000
    1,100 sqft
    High‑traffic location steps from the Salem T, offering excellent visibility and accessibility.
    Versatile NRCC zoning allows for a wide range of uses by right, including residential, retail, and office spaces.
    Ready for build‑out with new subfloors, providing a blank canvas for customization.
    Significant development planned for the immediate area, promising future growth and increased property value.
    Potential for various businesses such as retail, office, or even residential conversion.
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    This listing looks promising.

    Here's a quick look at some key insights for

    280 Bridge St, Salem, MA 01970

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $258K
      Suggested

    • Last Sold

      Dec 2021
      $225K

    • Property Type

      Retail Stores
      Built 1900
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    Automotive Facility with Development Potential
    Updated: Apr 24
    Automotive Facility with Development Potential

    296 & 288 Highland Avenue, Salem, MA 01970

    $2,995,000
    5,483 sqft 12.00 AC lot
    Approved for Auto Body Use: A rare and valuable opportunity.
    High‑Traffic Location: Over 200 ft of frontage on busy Highland Ave with 35,000+ vehicles per day.
    Existing Automotive Facility: 4,488 SF building with 6 service bays, 4 lifts, showroom, and office space.
    Significant Development Potential: Includes approximately 12 acres of residential land.
    Two Commercial Lots: Unique offering with two parcels, one with a retail facility and one with a residential structure.
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    Commercial Building Near Salem University
    Commercial Building Near Salem University

    101 Loring Avenue, Salem, MA 01970

    $550,000

    Commercial building for sale near Salem State University.

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    Turnkey Auto Detailing Business Opportunity
    Turnkey Auto Detailing Business Opportunity

    10 Aborn St, Salem, MA 01970

    $115,000

    Established auto detailing business for sale in downtown Peabody.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    High-Visibility Commercial Space in Salem
    High-Visibility Commercial Space in Salem

    97 Bridge Street, Salem, MA 01970

    Contact for pricing

    Commercial space in Salem near downtown and commuter rail.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Downtown Retail Building with Basement
    Downtown Retail Building with Basement

    175-181 Rantoul St, Beverly, MA 01915

    $1,100,000
    6,428 sqft

    Standalone street-level retail building on a high-visibility downtown corridor with a full basement for storage or operations.

    View details
    Downtown Retail and Office Building
    Downtown Retail and Office Building

    175-181 Rantoul St, Beverly, MA 01915

    $1,295,000
    6,428 sqft

    Standalone street-level retail and office building with large storefront windows and full basement for added support space.

    View details
    Leased Commercial Property For Sale
    Leased Commercial Property For Sale

    49 Lowell St, Peabody, MA 01960

    $1,100,000
    5,385 sqft

    Commercial property in Peabody with two fully leased units.

    View details
    Restaurant and Parking Lot Package
    Restaurant and Parking Lot Package

    48-49A Lowell St, Peabody, MA 01960

    $1,400,000
    0.25 AC lot

    Two properties: restaurant and parking lot with development potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Commercial Land on Route 1
    Cleared Commercial Land on Route 1

    25 Popes Ln, Danvers, MA 01923

    $1,449,999

    Prime commercial land on Route 1 in Danvers, Massachusetts.

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    Vacant Building on 13 Acres
    Vacant Building on 13 Acres

    1250 Turnpike St, North Andover, MA 01845

    $899,000
    13.00 AC lot

    13 acres with vacant building along Route 114.

    View details
    Garage Parking on K Street
    Garage Parking on K Street

    400-R K, Boston, MA 02127

    $150,000
    183 sqft

    Rare garage parking available in Boston's K Street area.

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    Garage Parking on K Street
    Garage Parking on K Street

    400-R K, Boston, MA 02127

    $150,000
    183 sqft

    Garage parking space with rental history in Boston, MA.

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    Off-Market Properties in Salem, MA

    Consider similar Off-Market properties in Salem, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    86 Highland Ave
    SHOW ROOM, WAREHOUSE

    86 Highland Ave, Salem, MA 01970-2715

    $885,000
    Estimated value
    3,772 sqft 0.20 AC lot
    View details
    128 Nn St
    RETAIL STORES (PERSONAL SERVICES)

    128 Nn St, Salem, MA 01970-2549

    Value Estimation by Request
    5,838 sqft 0.60 AC lot
    View details
    40 Boston St
    RETAIL STORES (PERSONAL SERVICES)

    40 Boston St, Salem, MA 01970-2146

    Value Estimation by Request
    2,000 sqft 0.06 AC lot
    View details
    78 Margin St, Unit 88
    AUTO REPAIR, GARAGE

    78 Margin St, Salem, MA 01970-3340

    Unit 88
    $1,285,000
    Estimated value
    9,671 sqft 0.38 AC lot
    View details
    175 Ft Ave
    RESTAURANT

    175 Ft Ave, Salem, MA 01970-5741

    Value Estimation by Request
    1,050 sqft 0.03 AC lot
    View details
    103 School St
    RETAIL STORES (PERSONAL SERVICES)

    103 School St, Salem, MA 01970-2309

    $790,000
    Estimated value
    4,720 sqft 0.29 AC lot
    View details
    145 Derby St
    PARKING LOT

    145 Derby St, Salem, MA 01970-5639

    $845,000
    Estimated value
    0.15 AC lot
    View details
    280 Jefferson Ave
    RETAIL STORES (PERSONAL SERVICES)

    280 Jefferson Ave, Salem, MA 01970-2841

    Value Estimation by Request
    1,788 sqft 0.05 AC lot
    View details
    250 Highland Ave
    RETAIL STORES (PERSONAL SERVICES)

    250 Highland Ave, Salem, MA 01970-1842

    $2,415,000
    Estimated value
    1,150 sqft 0.30 AC lot
    View details
    97 Ocean Ave
    AUTO REPAIR, GARAGE

    97 Ocean Ave, Salem, MA 01970-4640

    $750,000
    Estimated value
    2,400 sqft 0.22 AC lot
    View details
    307 Highland Ave
    VEHICLE SALES, RENTALS

    307 Highland Ave, Salem, MA 01970

    $1,050,000
    Estimated value
    1,305 sqft 0.34 AC lot
    View details
    57 Loring Ave
    RETAIL STORES (PERSONAL SERVICES)

    57 Loring Ave, Salem, MA 01970-4534

    $1,475,000
    Estimated value
    6,975 sqft 0.54 AC lot
    View details
    63 12th Jefferson Ave
    SHOW ROOM, WAREHOUSE

    63 12th Jefferson Ave, Salem, MA 01970-2975

    $2,750,000
    Estimated value
    17,398 sqft 1.17 AC lot
    View details
    311 Derby St
    RESTAURANT

    311 Derby St, Salem, MA 01970-3647

    $2,400,000
    Estimated value
    6,848 sqft 0.41 AC lot
    View details
    125 Ocean Ave
    AUTO REPAIR, GARAGE

    125 Ocean Ave, Salem, MA 01970

    $1,250,000
    Estimated value
    5,143 sqft 0.65 AC lot
    View details
    133 Highland Ave
    SHOW ROOM, WAREHOUSE

    133 Highland Ave, Salem, MA 01970-2774

    $575,000
    Estimated value
    2,646 sqft 0.26 AC lot
    View details
    56 Swampscott Rd
    AUTO REPAIR, GARAGE

    56 Swampscott Rd, Salem, MA 01970

    Value Estimation by Request
    750 sqft 1.04 AC lot
    View details
    6 Paradise Rd
    FINANCIAL BUILDING

    6 Paradise Rd, Salem, MA 01970-4230

    $2,300,000
    Estimated value
    2,868 sqft 0.54 AC lot
    View details
    201 Canal St
    RESTAURANT

    201 Canal St, Salem, MA 01970-4510

    $605,000
    Estimated value
    2,629 sqft 0.36 AC lot
    View details

    Salem, MA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Salem, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,583 square feet of properties for sale, with an estimated market value of $3,294,000.

    Sale prices for stores in Salem, MA start at $299,000, averaging $1,647,000, and reaching up to $2,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Auto shops 2
    Automotive properties 2
    Showrooms 1

    Demographics Overview

    Population 44K
    Population Growth (5Y) +2.2%
    Median Household Income $85,189
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01970 $702.2K

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $33.59 per SF
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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