Salem, MA Storefront Properties for Lease
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Storefront properties for Lease in Nearby Cities
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Salem, MA Storefront properties Lease Rates & Market Statistics
Explore 3 Storefront properties for lease in Salem, MA on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 3,570 square feet of properties.
Asking lease rates for Storefront properties in Salem start at $22.96 SF/Yr, average $25.48 SF/Yr, and reach $28 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $25.48 SF/Yr is 28% below the Massachusetts state average of $35.63 SF/Yr.
Salem accounts for 6% of the 50 storefront properties currently available across Essex County, where nearby markets include Peabody and Lynn. Storefront properties are one of the more limited space types in Salem, with just 3 listings currently available — a scarcity worth factoring into lease negotiations.