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3 Swampscott Rd
Salem, MA 01970
Land For Sale
·
0.68 AC
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 | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.68 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | B2 - Located in the B-2 zone, 1 Dipietro Ave allows by-right retail, office, and service uses suited for high-traffic commercial corridors. | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.68 AC |
| Opportunity Zone |
Yes |
| Zoning | B2 - Located 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 | Lot Size | 0.68 AC |
| Price Per AC | $1,180,373.56 CAD |
| Price | $802,654 CAD |
| Price Per AC | $1,180,373.56 CAD |
| Lot Size | 0.68 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.
PROPERTY TAXES
| Parcel Number | SALE-000008-000000-000143 | Improvements Assessment | $0 CAD |
| Land Assessment | $171,328 CAD | Total Assessment | $171,328 CAD |
PROPERTY TAXES
