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1 Dipietro Ave
Salem, MA 01970
3 Swampscott Rd · Land For Sale · 0.54 AC

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INVESTMENT HIGHLIGHTS

  • B-2 Zoning: Permits retail, office, and service uses by right—ideal for commercial development.
  • Flexible Opportunity: Suitable for owner-users or investors seeking income-producing potential.
  • Prime Location: High-visibility site near major routes, perfect for traffic-driven businesses.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.54 AC
No. Stories 1
Opportunity Zone Yes
Zoning B2 - Highway BusinessLocated in the B-2 zone, 1 Dipietro Ave allows by-right retail, office, and service uses suited for high-traffic commercial corridors.

1 LOT AVAILABLE

Lot

Price $802,654 CAD
Price Per AC $1,480,911.48 CAD
Lot Size 0.54 AC

Corner lot with frontage on Swampscott Rd and Dipietro Ave, offering high visibility and easy access in a busy commercial corridor.

DESCRIPTION

Property with Adjacent Development Land – 1 Dipietro Ave & 3 Swampscott Rd, Salem, MA This two-parcel offering presents a strategic opportunity in Salem’s expanding South Side commercial zone. The primary parcel, 1 Dipietro Avenue and Directly behind it lies 3 Swampscott Road, a 1.31-acre vacant lot with B-2 zoning, offering excellent development potential.Both parcels are zoned B-2 (Business-Highway District), supporting a broad array of commercial uses including office, retail, restaurants, contractor bays, automotive services, and more. Together, the properties provide approximately 1.85 acres of usable land, making them ideal for developers, owner-users, or investors seeking a phased redevelopment or hybrid income/development strategy. With close proximity to Highland Avenue (Route 107), Salem Hospital, and established business nodes, this site offers great long-term upside. All buyers must conduct their own due diligence.

  • Listing ID: 37112157

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 1 Dipietro Ave, Salem, MA 01970

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