Salem, MA Retail Space for Sale

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8 properties

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Updated: Jul 21

High-Ceiling Retail Storefront

50 Grove St, Salem, MA 01970

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5,500 sqft

5,500 SF first‑floor retail/lease space with high ceilings and significant natural light
Located at the intersection of Grove St., Harmony Grove Rd., and Mason St.
Layout suited for various commercial uses, previously operated as a social club/function hall
Private commercial sink plus shared restrooms with the adjacent tenant
Pro‑rata/in‑common on‑site parking available

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Updated: Aug 24

Convenience Storefront with Basement Storage

30 Boston St, Salem, MA 01970

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1,228 sqft

1,228‑square‑foot storefront
Basement storage included
Most recently operated as a convenience store
Existing equipment and fixtures may be available
Gas and electric are separately metered

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Retail Building Near Salem T

280 Bridge St, Salem, MA 01970

$299,000

1,100 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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Salem Retail/Office Building For Sale

280 Bridge St, Salem, MA 01970

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1,100 sqft

Commercial/retail building near Salem T. Development planned for area.

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Salem Retail Building Near Transit

280 Bridge St, Salem, MA 01970

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1,106 sqft

Freestanding 1,106 SF commercial building near Salem T.

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Freestanding Commercial Building Near Salem T

280 Bridge Street, Salem, MA 01970

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1,106 sqft

1,100 SF commercial building with parking near Salem T.

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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 76 Potential Opportunities for your consideration. Besides 8 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

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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Office Unit with Private Offices

1 Main St, Peabody, MA 01960

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1,000 sqft

Versatile commercial suite offers reception space, storage, private restroom, and central HVAC.

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Retail Space For Sale

175 Rantoul St, Beverly, MA 01915

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3,124 sqft

3,124 SqFt retail space available for purchase.

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Three-Story Flex Building

26 Howley St, Peabody, MA 01960

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Multi-use space combines light fabrication, retail, and office areas with loading access and on-site parking.

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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.

RETAIL STORES (PERSONAL SERVICES)

128 Nn St, Salem, MA 01970-2549

$1,095,000

Estimated value

5,838 sqft 0.60 AC lot

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RETAIL STORES (PERSONAL SERVICES)

40 Boston St, Salem, MA 01970-2146

$335,000

Estimated value

2,000 sqft 0.06 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

103 School St, Salem, MA 01970-2309

$735,000

Estimated value

4,720 sqft 0.29 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

280 Jefferson Ave, Salem, MA 01970-2841

$260,000

Estimated value

1,788 sqft 0.05 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

250 Highland Ave, Salem, MA 01970-1842

$2,290,000

Estimated value

1,150 sqft 0.30 AC lot

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RETAIL STORES (PERSONAL SERVICES)

57 Loring Ave, Salem, MA 01970-4534

$1,475,000

Estimated value

6,975 sqft 0.54 AC lot

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RETAIL STORES (PERSONAL SERVICES)

462 Highland Ave, Salem, MA 01970-1765

$2,780,000

Estimated value

3,944 sqft 0.57 AC lot

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RETAIL STORES (PERSONAL SERVICES)

5 Gedney St, Salem, MA 01970-3305

$910,000

Estimated value

2,689 sqft 0.14 AC lot

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RETAIL STORES (PERSONAL SERVICES)

264 Washington St, Salem, MA 01970-3641

$470,000

Estimated value

1,265 sqft 0.11 AC lot

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RETAIL STORES (PERSONAL SERVICES)

75 Nn St, Salem, MA 01970-3953

$965,000

Estimated value

4,200 sqft 0.19 AC lot

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RETAIL STORES (PERSONAL SERVICES)

207 Nn St, Salem, MA 01970-1640

$300,000

Estimated value

1,785 sqft 0.08 AC lot

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RETAIL STORES (PERSONAL SERVICES)

26 Hersey St, Salem, MA 01970-4519

$475,000

Estimated value

2,800 sqft 0.23 AC lot

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RETAIL STORES (PERSONAL SERVICES)

272 Highland Ave, Salem, MA 01970-1832

$6,775,000

Estimated value

12,500 sqft 1.63 AC lot

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RETAIL STORES (PERSONAL SERVICES)

280 Brg St, Salem, MA 01970-3944

$260,000

Estimated value

1,106 sqft 0.06 AC lot

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RETAIL STORES (PERSONAL SERVICES)

300 Highland Ave, Salem, MA 01970-1983

$660,000

Estimated value

4,686 sqft 0.30 AC lot

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RETAIL STORES (PERSONAL SERVICES)

2 Brg St, Salem, MA 01970-4104

$895,000

Estimated value

4,737 sqft 0.44 AC lot

View details

Salem, MA Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Salem, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 11,140 square feet of properties for sale, with an estimated market value of $299,000.

Sale prices for retail space in Salem, MA average $299,000 — 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
01970	$49.8K

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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Salem, MA Retail Space for Sale

50 Grove St, Salem, MA 01970

30 Boston St, Salem, MA 01970

280 Bridge St, Salem, MA 01970

167 Boston St, Salem, MA 01970

280 Bridge St, Salem, MA 01970

280 Bridge St, Salem, MA 01970

280 Bridge Street, Salem, MA 01970

97 Bridge Street, Salem, MA 01970

Opportunities in Nearby Cities

175-181 Rantoul St, Beverly, MA 01915

1 Main St, Peabody, MA 01960

175 Rantoul St, Beverly, MA 01915

26 Howley St, Peabody, MA 01960

Off-Market Properties in Salem, MA

128 Nn St, Salem, MA 01970-2549

40 Boston St, Salem, MA 01970-2146

103 School St, Salem, MA 01970-2309

280 Jefferson Ave, Salem, MA 01970-2841

250 Highland Ave, Salem, MA 01970-1842

57 Loring Ave, Salem, MA 01970-4534

462 Highland Ave, Salem, MA 01970-1765

5 Gedney St, Salem, MA 01970-3305

264 Washington St, Salem, MA 01970-3641

75 Nn St, Salem, MA 01970-3953

207 Nn St, Salem, MA 01970-1640

26 Hersey St, Salem, MA 01970-4519

272 Highland Ave, Salem, MA 01970-1832

280 Brg St, Salem, MA 01970-3944

300 Highland Ave, Salem, MA 01970-1983

2 Brg St, Salem, MA 01970-4104

Salem, MA Retail Space 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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