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



ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
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 | Property Subtype | Self-Storage |
| Min. Divisible | 5,000 SF | Building Size | 133,080 SF |
| Property Type | Specialty | Year Built | 1988 |
| 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
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38 Swampscott - Gym or Speciality Facility | 38 Swampscott Rd
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