Description
This is a rare opportunity to locate your business in a highly sought after retail plaza on one of Salem's busiest thoroughfares. This grocery anchored shopping center features Crosby's Marketplace, Subway, Marblehead Bank and other successful retailers. This is a long time asian restaurant space suitable for other food uses including pizza and ice cream. Located between Salem State University and downtown Salem, the site features abundant parking and a large pylon sign. Approximate triple net charges are $8/s.f.
Details
| MLS # | 73583961 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 11 |
| Listing Provided By | The Drumlin Group Inc. | David Hark |
Features
| SQ Feet | 1,300 |
|---|---|
| Zoning | B4 |
| Acreage | 3.04 |
Taxes
| Tax Annual Amount | 120368 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Salem |
| Zip Code | 01970 |
| Area | Essex |
| Listing VS Median (in 01970) | |
Price: $28 low | high Med: $479,950 sqft: 1,300 low | high Med: 1,437 $ / sqft: $0 low | high Med: $380 On site: 11 low | high Med: 44 | |
Market Activity 01970
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Salem |
| Zip Code | 01970 |
| Area | Essex |
| Listing VS Median (in 01970) | |
Price: $28 low | high Med: $479,950 sqft: 1,300 low | high Med: 1,437 $ / sqft: $0 low | high Med: $380 On site: 11 low | high Med: 44 | |
Nearby Listings (Within 1/2 mile)
Price: $21 - $35
sqft: 975 - 1,500
Listing Updated: October 3, 2026 at 2:41:12 AM PDT