Salem, MA Retail Properties & Spaces for Sale

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11 properties

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Updated: May 12

Commercial Sale, Salem, MA

296 & 288 Highland Avenue, Salem, MA 01950

$2,795,000

12.25 AC lot

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Updated: Sep 2

Corner Convenience Store Property

18 Boston, Salem, MA 01970

$1,395,000

1,395 sqft

1920‑built property at 18 Boston Street in Salem, MA 01970
Corner location with customer access
Established retail liquor store configuration
Beer, wine, and spirits selection
Mega Millions, lottery games, and scratch tickets

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Automotive Facility with Service Bays

296 & 288 Highland Ave, Salem, MA 01970

$2,795,000

5,483 sqft

Approved for auto body use, this automotive facility features six service bays, lifts, and showroom space on high-traffic frontage.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

High-Ceiling Retail Storefront

50 Grove St, Salem, MA 01970

Contact for pricing

5,500 sqft

First-floor retail space with high ceilings, abundant natural light, shared restrooms, and private sink.

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Commercial

296 & 288 Highland Avenue, Salem, MA 01950

$2,795,000

4,488 sqft

Auto shops · 4,488 SF

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Open-Plan Retail Space

57 Loring Ave, Salem, MA 01970

Contact for pricing

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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Convenience Storefront with Basement Storage

30 Boston St, Salem, MA 01970

Contact for pricing

1,228 sqft

Commercial storefront with basement storage, street parking, and separately metered gas and electric service.

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Turnkey Auto Detailing Facility

51 Canal St Rear, Salem, MA 01970

$100,000

Turnkey auto detailing operation offering basic washes through premium detailing, located next to a well-known car wash.

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Retail Building Near Salem T

280 Bridge St, Salem, MA 01970

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1,106 sqft

Commercial/retail building with parking near Salem T station.

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Two-Level Office Units

167 Boston St, Salem, MA 01970

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Flexible office or retail space with dedicated restrooms on both levels and C-1 zoning.

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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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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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 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.

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Mixed-Use Property with Apartments

46-48 Walnut St, Peabody, MA 01960

$2,750,000

10,231 sqft

Downtown mixed-use building combining first-floor commercial space with flexible residential occupancy above.

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Storefront Space with Street Visibility

68 Main St, Peabody, MA 01960

Contact for pricing

2,500 sqft

Turnkey retail or office space with exterior access, large windows, and street visibility on Main Street in Peabody.

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Retail Space For Sale

175 Rantoul St, Beverly, MA 01915

Contact for pricing

3,124 sqft

3,124 SqFt retail space available for purchase.

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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.

Downtown Andover Land For Sale

16R High St, Andover, MA 01810

$629,900

Land in downtown Andover with General Business zoning.

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Methuen Historic District Land Opportunity

281 Broadway, Methuen, MA 01844

$750,000

0.50 AC lot

Half acre in historic district near I-93 and New Hampshire.

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Approved Condo Development Site

231-245 Grove St, Boston, MA 02132

$3,695,000

1 sqft 0.31 AC lot

Approved 33-unit luxury condo development site in West Roxbury.

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Commercial Land Parcel

Washington Street, Stoughton, MA 02072

$135,000

5.30 AC lot

Commercially zoned land along Washington Street in Stoughton.

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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.

SHOW ROOM, WAREHOUSE

86 Highland Ave, Salem, MA 01970-2715

Estimated value:

$410,000

3,772 sqft 0.20 AC lot

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RETAIL STORES (PERSONAL SERVICES)

128 Nn St, Salem, MA 01970-2549

Estimated value:

$1,095,000

5,838 sqft 0.60 AC lot

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RETAIL STORES (PERSONAL SERVICES)

40 Boston St, Salem, MA 01970-2146

Estimated value:

$335,000

2,000 sqft 0.06 AC lot

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AUTO REPAIR, GARAGE

78 Margin St, Salem, MA 01970-3340

Unit 88

Estimated value:

$490,000

9,671 sqft 0.38 AC lot

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RESTAURANT

175 Ft Ave, Salem, MA 01970-5741

Estimated value:

$410,000

1,050 sqft 0.03 AC lot

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RETAIL STORES (PERSONAL SERVICES)

103 School St, Salem, MA 01970-2309

Estimated value:

$735,000

4,720 sqft 0.29 AC lot

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PARKING LOT

145 Derby St, Salem, MA 01970-5639

Estimated value:

$775,000

0.15 AC lot

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RETAIL STORES (PERSONAL SERVICES)

280 Jefferson Ave, Salem, MA 01970-2841

Estimated value:

$260,000

1,788 sqft 0.05 AC lot

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RETAIL STORES (PERSONAL SERVICES)

250 Highland Ave, Salem, MA 01970-1842

Estimated value:

$2,290,000

1,150 sqft 0.30 AC lot

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AUTO REPAIR, GARAGE

97 Ocean Ave, Salem, MA 01970-4640

Estimated value:

$750,000

2,400 sqft 0.22 AC lot

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VEHICLE SALES, RENTALS

307 Highland Ave, Salem, MA 01970

Estimated value:

$1,005,000

1,305 sqft 0.34 AC lot

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RETAIL STORES (PERSONAL SERVICES)

57 Loring Ave, Salem, MA 01970-4534

Estimated value:

$1,475,000

6,975 sqft 0.54 AC lot

View details

SHOW ROOM, WAREHOUSE

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

Estimated value:

$2,750,000

17,398 sqft 1.17 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 11 active listings on our real estate platform. These investment opportunities span a total of 63,700 square feet of properties for sale, with an estimated market value of $9,880,000.

Sale prices for stores in Salem, MA start at $100,000, averaging $1,976,000, and reaching up to $2,795,000 — 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

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
Salem - 01970	$573.6K
Newburyport - 01950	$2.8M

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)

How Realmo verifies these figures

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Reach out if you need assistance with Realmo tools or have questions about your listings

Salem, MA Retail Properties & Spaces for Sale

296 & 288 Highland Avenue, Salem, MA 01950

18 Boston, Salem, MA 01970

296 & 288 Highland Ave, Salem, MA 01970

50 Grove St, Salem, MA 01970

296 & 288 Highland Avenue, Salem, MA 01950

57 Loring Ave, Salem, MA 01970

30 Boston St, Salem, MA 01970

51 Canal St Rear, Salem, MA 01970

280 Bridge St, Salem, MA 01970

167 Boston St, Salem, MA 01970

97 Bridge Street, Salem, MA 01970

Opportunities in Nearby Cities

175-181 Rantoul St, Beverly, MA 01915

46-48 Walnut St, Peabody, MA 01960

68 Main St, Peabody, MA 01960

175 Rantoul St, Beverly, MA 01915

Potential Development Sites for Consideration

16R High St, Andover, MA 01810

281 Broadway, Methuen, MA 01844

231-245 Grove St, Boston, MA 02132

Washington Street, Stoughton, MA 02072

Off-Market Properties in Salem, MA

86 Highland Ave, Salem, MA 01970-2715

128 Nn St, Salem, MA 01970-2549

40 Boston St, Salem, MA 01970-2146

78 Margin St, Salem, MA 01970-3340

175 Ft Ave, Salem, MA 01970-5741

103 School St, Salem, MA 01970-2309

145 Derby St, Salem, MA 01970-5639

280 Jefferson Ave, Salem, MA 01970-2841

250 Highland Ave, Salem, MA 01970-1842

97 Ocean Ave, Salem, MA 01970-4640

307 Highland Ave, Salem, MA 01970

57 Loring Ave, Salem, MA 01970-4534

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

Salem, MA Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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