Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

38 Swampscott - Gym or Speciality Facility 38 Swampscott Rd 5,000 - 19,200 SF of Office Space Available in Salem, MA 01970

Save this listing!

Favourite this listing to get notified of price updates, new media and more

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,000-19,200 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • TBD

This ±19,200 SF former full-service gym space is now available for immediate occupancy. The facility features an efficient rectangular layout with strong clear spans and high ceilings, providing large open training floors ideal for weights, cardio, turf, or group classes. The space is fully equipped with existing specialty areas, including a spin studio, boxing area, private training rooms, and fitness studios. It also includes fully built-out locker rooms for men and women, a front desk/reception area, a management office, and support spaces. The interior is finished with durable gym-grade flooring and benefits from excellent natural light. The property offers ample on-site parking and prominent signage along Swampscott Road. Please note that the space is divisible to suit your specific requirements.

  • Rate includes utilities, building services and property expenses
  • Fits 13 - 154 People
  • Plug & Play
  • Wi-Fi Connectivity
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Secure Storage
  • Natural Light
  • Emergency Lighting
  • Accent Lighting
  • Hardwood Floors
  • Wheelchair Accessible
  • Open Floor Plan Layout
  • Finished Ceilings: 12’ - 20’
  • Central Air and Heating
  • Private Restrooms
  • Corner Space
  • Exposed Ceiling
  • Recessed Lighting
  • After Hours HVAC Available
  • Shower Facilities
  • Open-Plan
  • Smoke Detector
Space Size Term Rental Rate Space Use Condition Available
1st Floor 5,000-19,200 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out TBD

1st Floor

Size
5,000-19,200 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
TBD

1st Floor

Size 5,000-19,200 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available TBD

This ±19,200 SF former full-service gym space is now available for immediate occupancy. The facility features an efficient rectangular layout with strong clear spans and high ceilings, providing large open training floors ideal for weights, cardio, turf, or group classes. The space is fully equipped with existing specialty areas, including a spin studio, boxing area, private training rooms, and fitness studios. It also includes fully built-out locker rooms for men and women, a front desk/reception area, a management office, and support spaces. The interior is finished with durable gym-grade flooring and benefits from excellent natural light. The property offers ample on-site parking and prominent signage along Swampscott Road. Please note that the space is divisible to suit your specific requirements.

  • Rate includes utilities, building services and property expenses
  • Open Floor Plan Layout
  • Fits 13 - 154 People
  • Finished Ceilings: 12’ - 20’
  • Plug & Play
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Private Restrooms
  • Closed Circuit Television Monitoring (CCTV)
  • Corner Space
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Recessed Lighting
  • Natural Light
  • After Hours HVAC Available
  • Emergency Lighting
  • Shower Facilities
  • Accent Lighting
  • Open-Plan
  • Hardwood Floors
  • Smoke Detector
  • Wheelchair Accessible

ABOUT THE PROPERTY

38 Swampscott Road in Salem offers a turnkey ±19,200 SF facility (divisible to ±3,000 SF) ideal for fitness, wellness, medical-adjacent, or flex retail users. Formerly a full-service gym, the space features open training floors, private studios, locker rooms, and offices, significantly reducing upfront capital costs. Located near the rotary with immediate access to Route 1, I-95, and Route 128, the property provides excellent visibility, ample parking, and proximity to major retailers like Target and Whole Foods. The surrounding North Shore market serves an affluent, health-conscious demographic of 44,200 residents with a median household income of $85,000. The space is move-in ready with high ceilings and strong signage opportunities. Market lease rates are estimated between $16.00–$20.00 NNN per square foot, offering a below-replacement-cost opportunity for immediate operational scale.

PROPERTY FACTS

Total Space Available 19,200 SF
Min. Divisible 5,000 SF
Property Type Specialty
Property Subtype Self-Storage
Building Size 133,080 SF
Year Built 1988

FEATURES AND AMENITIES

  • Property Manager on Site
  • Signage
  • Air Conditioning
  • Listing ID: 39134664

  • Date on Market: 2026-01-19

  • Last Updated:

  • Address: 38 Swampscott Rd, Salem, MA 01970

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}