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$ 15
8,501 SqFt
$ 15
8,501 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 8,501 sqft
MLS Listing ID 73398786
HOA Y/N false
Year Built 1970
Annual Tax Amount $93,753
Tax Year 2025
Lot Size 3.350 Acres
Acres 3.35
Property Description
Lease rear portion of high exposure property located on Highland Ave. (Rt.107) at First St., in Salem. The site is adjacent to Market Basket and Target and is a mile from Salem Hospital/North Shore Children's Hospital. This section of the building contains 8,501+/- sq. ft. of mostly open, hi-bay, clear-span, space. It is suitable for numerous uses, including retail, wholesale, and fitness. Can potentially be converted to office, medical, educational, and service related businesses as well. There is plenty of on-site parking. Deal structure is triple net (NNN), approximately $6.50 per sq. ft. Available now.
Location
State MA
County Essex
Zoning B2
Direction From Boston Rt. 1A to Rt. 107 in Revere to Sale, (Highland) or Rt.128 to Lowell St. to Highland.
Exterior
Total Parking Spaces 50
Others
Senior Community false
Listed by The Drumlin Group Inc.
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